3 Top Biotech Stocks to Buy for the Long Haul
Great investors know that the key to successful long-term investing is to focus on stocks that boast a meaningful presence in industries that will grow for decades. In looking for trends, we seek something that will impact the world by generating billions of consistent customers. Where better to look than the aging population that is growing significantly around the world. The United Nations anticipates that the global population over the age of 65 is expected to surge from 727 million people in 2020 to over 1.5 billion people by 2050.
A noteworthy increase in the global elderly population is sure to result in a greater need for healthcare services, such as prescriptions. This is a huge area for biotech companies to maximize their potential. These three large-cap biotech stocks are sure to benefit from strong future demand for their products.
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Source Fool.com
