Why are Sales of Depend in America so Strong?

If you are not sitting with a slick-haired wealth manager and discussing opportunities to profit from the aging of America, well, then, it's time to wake up.
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If you are not sitting with a slick-haired wealth manager and discussing opportunities to profit from the aging of America, well, then, it's time to wake up. This will be one of the largest investment themes for the next 20 years. When people think of senior citizens, there is still a tendency to envision a wrinkly male or female sitting at home waiting for a family member to call. But, the boomer generation is much more active than generations prior, and will likely want to extend their independence for as long as humanly possible. One way to stay active while addressing bodily degradation is Depend diapers, or just Depend as the brand's owner, Kimberly-Clark, calls them these days. Sales of adult care product for Kimberly-Clark, led by Depend, have been on fire the past year. CEO of Belus Capital Advisors Brian Sozzi shares all of the details.