A megatrend is a long-term shift that affects many aspects of society and shapes the future over many decades. The internet would be an example of a megatrend, and perhaps more specifically, the smartphone.
Investing in technology stocks like Amazon.com Inc. (NASDAQ: AMZN), Microsoft Corp. (NASDAQ: MSFT), Apple Inc. (NASDAQ: AAPL) during that time would have been contrarian moves that paid off handsomely. In fact, those stocks continue to deliver for shareholders on the back of these trends.
