When you’re talking about the new digital era, one key point to understand is that without a digital infrastructure, all the cool gadgets, tools, and machines that we rely upon wouldn’t work without digital infrastructure companies
Even in hard economic times, companies do whatever they can to improve efficiency and cut costs. This often means implementation of new enterprise tech.
Regardless of what happens this year in the markets, MegaTrend stocks aren’t going to shrivel up and blow away. It should be no surprise that my portfolios have a generous handful of these stocks, and today is a once-in-a-decade opportunity to jump in.
Would you be surprised to know that although Elon Musk was a founder of Tesla (NASDAQ: TSLA), he wasn’t there from day one.
American Water Works (NYSE: AWK) started in Pennsylvania in 1886. Today, it operates in 14 states and has more than 3.4 million customers.
Thermo Fisher Scientific (NYSE: TMO) is a multinational corporation which develops and markets a large range of equipment and software.
ILMN has a $38 billion market cap and is the industry leader in genomic testing equipment, as well as testing.
Moody’s recently bought a company that specializes in developing ESG statistics and research. That means Moody’s is well positioned for growth now, as well as long into the future.
The advancement of technology never seems to falter at Nvidia. In March 2022, the chipmaker announced that it had developed processors based on 5 nm wire technology.
Even as the chip slowdown due to supply chain issues and Covid lockdowns in China continue, demand for SNPS continues unabated.
Visa is a true MegaTrend stock that is not going away anytime soon and will continue to increase again in the not-so-distant future.
NFLX has built a global network for content that continues to outpace its competitors, and it continues to find new ways to break into new markets.