3 Value Stocks Senior Citizens Should Consider Buying Today
News flash, seniors: the average American's life expectancy has increased by roughly a decade since you were born, meaning now more than ever you'll need to ensure you won't outlive your money. This means that even if you retire from your career, you never retire from investing for your future.
Of course, investing as a senior presents its own set of challenges, since income and capital preservation are key. However, you still want a good deal and the opportunity for capital appreciation.
With this in mind, we asked three of our Foolish investors to name a value stock that they thought would speak to senior citizens. Rising to the top of the list were drug giant Pfizer (NYSE: PFE), furniture manufacturer La-Z-Boy (NYSE: LZB), and entertainment powerhouse Walt Disney (NYSE: DIS).
Source: Fool.com
Pfizer Inc. Stock
The stock is one of the favorites of our community with 29 Buy predictions and 4 Sell predictions.
As a result the target price of 41 € shows a very positive potential of 56.82% compared to the current price of 26.15 € for Pfizer Inc..