0:00
Why are companies whose customers are mostly retired booming right now
0:05
So I've put together what I'm calling the OAP ETF, a collection of 10 London listed stocks
0:12
and they have both outperformed the FTSE and the Nasdaq so far this year. So my
0:16
OAP ETF is up 18% year to date. Oh, congratulations. I didn't actually invest in it, but the Nasdaq is up 13% and the FTSE 350 is up 9%. So I've
0:27
got stocks in there like saga who do the you know old people cruises like smith and nephew who do
0:33
what's called orthopedic reconstruction in other words hip and knee replacements smith and nephew
0:38
is a brilliant name for a victorian company it says a lot like a detective duo or something
0:43
doesn't it but also got obviously the big pension and annuities firms now like lng aviva
0:48
and healthcare firms primary health properties and target healthcare that do care homes so if you bet
0:55
on old people, you seem to be doing pretty well for yourself. It's well known that the boomer
1:00
generation has been one of the most economically successful. So it perhaps shouldn't be a huge
1:04
surprise that boomer orientated stocks are also doing pretty well.
