Drivers of 2024: Which of them can continue to grow this year?

The year 2024 brought extraordinary gains to the stock markets, especially for some large companies that experienced literally meteoric growth. While many other companies have struggled with uncertainty and a volatile economy, several stalwarts have managed to deliver triple-digit gains for investors. This success raises questions about what was behind their phenomenal growth and whether they can continue to ride it out in 2025.

In the following, we look at the main factors that catapulted them to the top and try to estimate their future potential.

Sea Limited $SE

Sea Limited, the giant operating in Asia, has experienced a textbook turnaround. After two years of significant share price declines, 2024 came and saw the stock rise by a staggering 162%. The main driver of growth was accelerated revenue momentum, which grew 25.6% year-on-year in the first nine months of the year.

This company is built on three pillars: video games, financial services and e-commerce. Meanwhile, the e-commerce…