With an increased emphasis on health and wellness and an aging population, seniors actively seek products that contribute to their overall well-being. Given this backdrop, it could be wise to consider fundamentally strong healthcare stocks, such as Danaher Corporation (DHR), Amgen Inc. (AMGN), and DexCom, Inc. (DXCM).
The World Health Organization (WHO) reports that the percentage of people worldwide aged over 60 is expected to nearly double from 12% in 2015 to 22% by 2050. This demographic shift might lend support to an increase in demand for healthcare services.
