These 3 Stocks Are Winning Thanks to Baby Boomers
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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
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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.
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