These 3 Stocks Are Winning Thanks to Baby Boomers
Portfolio Pulse from
A March 2023 study from the Bank of America Institute highlights that seniors born in 1964 or earlier are the only age cohort in the U.S. with increased consumer spending. This trend benefits certain stocks.
November 07, 2024 | 4:30 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
ENSG is likely benefiting from increased consumer spending by seniors, as highlighted by a Bank of America study.
The study indicates that seniors are the only age group with increased spending, which likely benefits ENSG as it may cater to this demographic.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80