With markets in many countries at or near all-time highs, it seems like you cannot make a bad investment. But markets never keep going up and what gets revealed when they turn in the other direction is that many of the companies that were riding the wave up, were only able to do so because of investor euphoria rather than real business success. So which industries are attracting the smart investors? To find out, it is best to look where experts like Bob Stefanowski is looking to buy. Smart investors like him know the right industries. Here are some of the hottest industries to take a look at for an investment.
Healthcare services for the elderly
Around the world in the most developed nations, populations are aging. This is particularly true in America. Partly due to better medicines and also to less overall crime rates, more people are simply living longer. This has created a serious need for healthcare services for older people. Many of them move into assisted living or retirement communities that have robust health services.
But many of these places are full or either unavailable to large groups of seniors. Some also simply do not like these types of places and want to remain in their own homes. As a result at-home healthcare services for the elderly is one of the fastest growing businesses in the US. In fact the industry is expected to grow 60% in the next five years and employ more than 2 million people. What this means is the companies providing these services will see sharp and continuing growth for the foreseeable future, and they are as a result great investments.
Perhaps the most valuable resource in the world is currently in short supply. Access to clean drinking water is one the world’s greatest challenges as our populations increase and availability of this critical resource does not. As a result countries around the world are investing heavily in locating and creating clean water. This has also created a booming industry for private firms who operate in the industry.
For investors, it is important to know that these companies are in line for long term growth with an estimated 1.2 billion people currently living in regions where clean water is scarce and that number projected to grow significantly unless viable solutions are found.
The businesses that stand to gain from this need are water treatment companies which boast a variety of approaches from water reclamation to desalinization of saltwater, to acquiring water from previously unavailable sources.
Additionally companies are developing new ways to inhibit the processes of many industries that cause clean water to be undrinkable. These industries include oil, gas and construction which use large amounts of clean fresh water that they make undrinkable. Companies operating in this area are using the latest technology to prove there is no shortage of great ideas for attacking the problem. If you are looking for a great investment, smart money says focus on water treatment companies.
The US healthcare industry is the biggest in the world with huge growth continuing each year in spite of any attempts to slow it down. One of the fastest areas of growth is in rehabilitation from physical injuries. This area also includes treatment of chronic physical issues that require some type of therapy. These treatments used to be handled nearly exclusively at hospitals but there has grown a booming business of outpatient rehabilitation services. In fact the US now has more than 100,000 of these types of businesses and there is still often not enough to serve the available patients. Primary reasons for the growth in their use are:
- An aging population prone to injury and the aches and pains of getting older.
- Sports injuries from a large part of the population obsessed with exercise.
- Injuries to soldiers returning from combat duty.
- Increased injuries due to a growing sedentary work and at home lifestyles of the majority of the population.
Combined these factors create a strong need for the industry’s services and create and industry that is very attractive to smart investors.
If you have been saving your money looking for where to put it, these industries offer great options. Do your homework on specific companies that you may consider to investment worthy and if you like what you see, call your broker.