Part 3/8:
One of Cameron’s central themes for 2025 is the expectation of diverse earnings growth beyond the so-called "magnificent seven" tech stocks—all of which contributed effectively to the earnings explosion in 2024. She highlighted the need for broader market engagement articulated through substantial earnings growth among the less prominent companies—termed the "493."
The consensus forecasts for the Russell 1000 Growth Index predict a transition from 4% growth in 2024 to 16% in 2025, implying significant acceleration from companies outside the top performers. However, Cameron cautions that many are skeptical about this ambitious reacceleration and expect earnings performance to be a vital narrative driver throughout the year.