Fund manager commentaries indicate the "XLG stock price forecast" could climb if bond yields ease further, favoring equity risk premiums in the large-cap segment. In fact, the remaining half-dozen companies in the Magnificent 7 are poised to report solid results. Consider that Americans still seem willing to spend on affordable luxuries… such as streaming media. Netflix’s (NASDAQ: NFLX ) blockbuster earnings report last week (on the same day that Tesla disappointed) showed that consumers are still spending on monthly plans to watch their favorite shows and movies. That should bode well for Amazon (which owns Prime Video), YouTube parent Alphabet and Apple, the home to Ted Lasso and other buzzworthy programs. For Wall Street, 2024 was a year that defied expectations, broke records and hinted at an optimistic future. Though the year began with uncertainty, the Nasdaq Composite, the S&P 500 and Dow Jones surged to remarkable heights. Tech stocks drove much of the rally, with the Nasdaq climbing over 28.6%, the S&P 500 up 23.3%, and the more conservative Dow Jones rising 12.9%. The "XLG stock price forecast" shows upside risk if corporate earnings revisions continue upward. Fund flows into ETFs tracking concentrated indexes support a healthy demand backdrop.