Long-Term Investing In The Death Care Industry Through Carriage Services
Posted on November 26th, by Mitchell Warren in Free Articles, Options Risk Management, Trade Ideas. Comments Off on Long-Term Investing In The Death Care Industry Through Carriage Services
Long-Term Investing In The Death Care Industry Through Carriage Services
My article on Carriage Services (CSV) for Seeking Alpha
Carriage Services is a $361M death care service operator of 164 funeral homes in 27 states and 32 cemeteries in 11 states. While it may be unpleasant to think that you can invest in death care, it is actually a growing and highly profitable industry. Roughly 4 million baby boomers are retiring every year in the U.S. (76M citizens born between 1946 and 1964) and this is to be expected through the end of the next decade. The median age of a U.S. citizen has gone from 35.3 years in 2000 to 37.2 years old in 2010. An aging population of 316M+ citizens offers companies like Carriage steady growth for years to come…Click here to read the rest of the article.
