Weekly Market Insights: Can the Santa Rally Survive This Big Week of Data?

A packed calendar of jobs, ISM, and key earnings will decide whether December’s early momentum holds.

Good morning, investors.

December opens with a market that wants to believe in a rally but doesn’t quite trust it yet. Stocks ended last week on a strong note after dovish Fed comments lifted hopes for a December rate cut, pushing the S&P 500 back toward its highs. But the next five days bring the kind of data that can flip sentiment in a single headline.

Manufacturing, JOLTS, ADP, jobless claims and Friday’s all-important payrolls report will set the tone heading into the Fed meeting. Add heavy-hitter earnings from Salesforce, Snowflake, Marvell, Amazon and Dollar General, and this week becomes a rare collision of macro signals and stock-specific catalysts.

This is the week that decides whether early December strength can turn into a true Santa Rally or whether the data reins it back in.

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14 stocks to watch 💸

These stocks are ranked based on weekly data trends, company fundamentals, and market insights.

Weekly Stock Power Watchlist

14. Marvell Technology ($MRVL) :
Marvell Technology trades near $89, and analysts expect it to reach the low $90s or even over $100 in 2025. This shows optimism about its AI and data center chips, but its high negative P/E points to ongoing earnings risks.​

13. Rocket Lab ($RKLB) :
Rocket Lab is trading around $42 after strong gains earlier in 2025. Long-term forecasts see big potential from small-satellite launches, but models still show a chance for double-digit short-term losses and high volatility.​

⬆️ 12. Mastercard Inc ($MA) :
Mastercard Inc. trades around $551 with a P/E near 35. Strong global payment volumes and rising earnings estimates support the price, but some forecasts expect the share price to level off into early 2026 after its strong run.​

🔻 11. Applied Materials ($AMAT) :
Applied Materials is still benefiting from steady demand for AI and memory manufacturing equipment. Third-party forecasts expect revenue and margins to grow over several years, even though the chip cycle can be uneven.​

⬆️ 10. Tesla Inc ($TSLA) :
Tesla Inc. has global EV scale and growing energy storage revenue, which gives it long-term growth potential. However, shrinking margins and ongoing competition make its shares sensitive to quarterly updates.​

🔻 9. Apple Inc ($AAPL) :
Apple Inc. is expected to see modest share price gains by late 2025, supported by iPhone and services revenue. AI-powered devices help keep its premium brand and strong cash position.​

8. ASML Holding ($ASML) :
ASML Holding is still the key EUV supplier for advanced chipmakers. Forecasts expect its share price to rise in the coming years as AI and high-end logic capacity grow, though it already trades at a high valuation.​

🔻 7. Taiwan Semiconductor ($TSM) :
Taiwan Semiconductor is likely to keep benefiting from AI and high-performance computing, with targets for 2025–2026 suggesting more upside. Still, investors need to consider geopolitical and cycle risks.​

🔻 6. Meta Platforms ($META) :
Meta Platforms has strong projections for 2025–2030, thanks to AI-powered ad tools and efficiency gains. However, after recent strong performance, returns could become more volatile.​

5. Alphabet Inc ($GOOGL) :
Alphabet Inc. is expected to keep growing earnings per share by double digits, driven by Search, YouTube, and cloud AI. Analysts remain optimistic, even with some regulatory and competition concerns.​

⬆️ 4. Amazon.com Inc ($AMZN) :
Amazon.com Inc. is projected to see steady revenue and margin growth from AWS and retail efficiency through 2025–2027. It remains a popular long-term holding, though economic slowdowns can affect results in the short term.​

🔻 3. Broadcom Inc ($AVGO) :
Broadcom Inc. is considered a key player in AI infrastructure, with long-term forecasts and analyst targets showing confidence in its custom accelerators and software. Still, valuation and business cycles are important to watch.​

2. NVIDIA Corp ($NVDA) :
NVIDIA Corp still has strong price targets for 2025–2027, thanks to its leading AI GPUs and data center demand. However, expectations are high, so any drop in orders could cause sharp declines.​

⬆️ 1. Microsoft Corp ($MSFT) :
Microsoft Corp has strong multi-year forecasts, with cloud and Copilot-driven AI revenues adding up. This supports its role as a stable, diversified growth stock in many long-term portfolios.​

Key
⚪ = No changes vs last week
⬆️ = +1 vs last week
🔻 = -1 vs last week
⬆️⬆️ = +2 vs last week
🔻🔻= -2 vs last week
⬆️⬆️⬆️ = +3 vs last week
🔻🔻🔻= -3 vs last week

Quantitative Insight Qualitative Screening (QIQS) data has been used to pick these stocks.

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This content is for informational purposes only and does not constitute financial advice. All investments carry risks. Past performance is not indicative of future results.

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