PHARMACIES ROCKET HIGHER
Today's chart shows that there's still money to be made off the aging Baby Boomer generation...
Regular readers know our colleague Doc Eifrig has written many times that more elderly people means more money will be spent on health care.
Government programs like "Obamacare" are boosting U.S. demand for drugs. And thanks to this increased spending, shares of pharmacy stores have soared...
Take leading drugstores CVS Health (CVS) and Walgreens (WBA), for example.
Most Americans can find at least one CVS or Walgreens location in their neighborhood. Both companies have played a huge role in the health care boom.
And as you can see below, both companies have thrived over the last few years as more and more prescriptions continue to get filled.
Shares of CVS and WBA are up 140%-plus over the last three years... and recently struck new all-time highs.
As the U.S. population continues to grow, the health care and drug businesses should continue to boom.
Source: Daily Wealth