Money and Finance
I currently own just 3 companies that are directly health care related, although I do own some health care REITs that provide additional exposure to the industry. According to a 2014 report from the Census Bureau, the 65+ population in the United States alone is expected to double from approximately 40 million currently to 80 million by 2050, with the majority of those gains seen over the next 10-15 years.
An unfortunate side effect of aging is that your health care costs rise precipitously. It's estimated that about half of your lifetime medical expenses will be incurred from the age of 65 on. I'm very bullish on the health care sector because it's an essential part of everyone's lives, and the aging population will provide a tailwind for the industry. The demographics for increased health care spending make the industry very intriguing from an investment standpoint, and as such, I want to increase my exposure to the sector.
Owens & Minor, Inc. (NYSE:OMI) is a company within the sector that should do well as the need for health care supplies expands over the coming decades. Owens & Minor is a logistics company that deals with shipping medical supplies across the United States and Europe. Since they don't manufacture the supplies themselves, they are less exposed to potential regulation that could harm their profitability.
Continue reading the Owens & Minor, Inc. Valuation Analysis on Seeking Alpha.
To view more of my analyses check out my Stock Analysis page or in the following Google Sheet.
Image Source
- Atul Gawande And Charles Munger On Why More Health Care Isn't Better
Link to article: Atul Gawande And Charles Munger On Why More Health Care Isn't Better American health care is obsessed with more. But the industry is beginning to realize that more isn’t always what’s best for patients. Dr. Atul Gawande,...
- Keep Your Parents And Your Portfolio Moving With Stryker Corporation
When looking at my portfolio, one thing that stands out is the lack of exposure to the healthcare sector. I don't necessarily aim for certain sector allocations within my FI Portfolio; however, I'm very bullish on the sector and would like to...
- Recent Buy
Whenever I make a new purchase for my portfolio I feel it's only fair to get a post written giving all of the juicy details. I want to be as transparent as possible with my journey to reach financial independence through dividend growth investing....
- Can Becton, Dickinson & Company Cure Your Portfolio?
To no one's surprise the health care industry has a long-term bullish thesis with the aging baby-boomer population advancing in age. Unfortunately, as we age we also tend to use more health care services. Becton, Dickinson and Company (NYSE:BDX) provides...
- Owens & Minor Inc. (omi) Dividend Stock Analysis
It's been quite a while since I've posted a stock analysis and I apologize for that. Life happened to get busy and things just got in the way that I didn't have the time to compile all of the data and get some posts up. Have no fear though...
Money and Finance
Delivering Dividends With Owens & Minor Inc.
I currently own just 3 companies that are directly health care related, although I do own some health care REITs that provide additional exposure to the industry. According to a 2014 report from the Census Bureau, the 65+ population in the United States alone is expected to double from approximately 40 million currently to 80 million by 2050, with the majority of those gains seen over the next 10-15 years.
An unfortunate side effect of aging is that your health care costs rise precipitously. It's estimated that about half of your lifetime medical expenses will be incurred from the age of 65 on. I'm very bullish on the health care sector because it's an essential part of everyone's lives, and the aging population will provide a tailwind for the industry. The demographics for increased health care spending make the industry very intriguing from an investment standpoint, and as such, I want to increase my exposure to the sector.
Owens & Minor, Inc. (NYSE:OMI) is a company within the sector that should do well as the need for health care supplies expands over the coming decades. Owens & Minor is a logistics company that deals with shipping medical supplies across the United States and Europe. Since they don't manufacture the supplies themselves, they are less exposed to potential regulation that could harm their profitability.
Continue reading the Owens & Minor, Inc. Valuation Analysis on Seeking Alpha.
To view more of my analyses check out my Stock Analysis page or in the following Google Sheet.
Image Source
- Atul Gawande And Charles Munger On Why More Health Care Isn't Better
Link to article: Atul Gawande And Charles Munger On Why More Health Care Isn't Better American health care is obsessed with more. But the industry is beginning to realize that more isn’t always what’s best for patients. Dr. Atul Gawande,...
- Keep Your Parents And Your Portfolio Moving With Stryker Corporation
When looking at my portfolio, one thing that stands out is the lack of exposure to the healthcare sector. I don't necessarily aim for certain sector allocations within my FI Portfolio; however, I'm very bullish on the sector and would like to...
- Recent Buy
Whenever I make a new purchase for my portfolio I feel it's only fair to get a post written giving all of the juicy details. I want to be as transparent as possible with my journey to reach financial independence through dividend growth investing....
- Can Becton, Dickinson & Company Cure Your Portfolio?
To no one's surprise the health care industry has a long-term bullish thesis with the aging baby-boomer population advancing in age. Unfortunately, as we age we also tend to use more health care services. Becton, Dickinson and Company (NYSE:BDX) provides...
- Owens & Minor Inc. (omi) Dividend Stock Analysis
It's been quite a while since I've posted a stock analysis and I apologize for that. Life happened to get busy and things just got in the way that I didn't have the time to compile all of the data and get some posts up. Have no fear though...