Monday, September 26, 2005

CML Heathcare



Being Canadian, the choice of health care stocks is limited. CML Heathcare stands out above the rest because they are the best in what they do. Technically, CML is in a long term uptrend, and just recently touched the lower trendline recently. I think this is an excellent buying opportunity. CML pays a 7% dividend.

Reason why I like heathcare stocks is because of the demographics. With the birth rate super low, there are a lot more old people than young people. With life expectancy expected to increase, and with all the baby boomers aging, the need for heathcare will grow long term. Heathcare stocks will directly benefit from this trend.

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