Interesting article in the Fiscal Times about stock picks for the aging population. A number of expected targets such as medical devices (Stryker, Zimmer) and pharma companies (Johnson & Johnson, Teva). I thought Petsmart was an interesting add. I was interviewed for the article and tried to add in a few random ones to the mix such as Scotts Miracle-Gro, and mentioned my penchant for cosmetics such as Estee Lauder and Revlon (er, from an investment point of view).
But the opportunities for investors aren’t limited to the obvious industries. Investors should look at all areas where affluent boomers will spend their money, including luxury cars, cruise lines, and college classes, not to mention clothes for their grandchildren, say AARP’s [Harry] Moody.