The biggest investing megatrend of our time

Stephen McBride
2 min readNov 9, 2023

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Once every decade or so, an unstoppable megatrend is born. It hands out big profits to investors who identify it early and ride it for years.

Last decade, it was software, which destroyed pretty much every other group of stocks.

Before that, internet disruptors like Amazon (AMZN) and Google (GOOG) minted fortunes.

The cold, hard facts show AI is the next unstoppable megatrend.

If you’re a longtime RiskHedge reader, you know we’ve been investing in AI for 5+ years.

My biggest frustration was the lack of great businesses in this space. Even a year ago, Nvidia (NVDA) was the only company making real money from AI.

But now everything has changed.

Take Palantir (PLTR), which makes AI military tools. It just surged 22% after achieving its best earnings results ever.

And Palantir is one of many. All the top AI names we track are growing by double digits — and that growth is accelerating.

Notice this is the total opposite of Apple, Google, and Netflix (NFLX), which are slowing.

The AI boom hasn’t even begun yet. This is a multi-year megatrend.

Just look at this chart:

AI is the juggernaut megatrend of our time.

*** I cover AI stocks and more in my free M/W/F investing letter The Jolt ⚡. Click here to subscribe.***

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