The country will be a lot older in the future than it is right now – thanks to 10,000 Baby Boomers turning 65 every day. Remember how this generation drove the U.S. economy since their infancy in the 1950s? This time around, the healthcare industry will benefit. The 65+ population will double and 85+ will triple in the coming years. And the longer we live, the more likely it is that we’ll need care. By 2024, national healthcare expenditures are projected to climb to $5.43 trillion, or about 20% of GDP.
Here are three firms set to capitalize on these trends, and dish increasing demographic-driven dividends to their shareholders. These stocks are good long-term buys no matter what happens between now and this November: CVS Health Corp (CVX), UnitedHealth Group Inc (UNH) and Ventas, Inc. (VTR).
Source: InvestorPlace
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Posted by D4L | Tuesday, March 29, 2016 | ArticleLinks | 0 comments »________________________________________________________________
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