Skip navigation
MOST POPULAR RELATED TAGS
  • TOPICS
  • SECTORS
  • COMPANIES
View All Topics
Font size:
May.14
10:08 AM ET
Wednesday, 14 May 2008
Baby Boomer Portfolios: Retirement Stocks

It's being called a major secular trend that will influence the financial markets for most of the next two decades.  The estimated 76 million members of the Baby Boom generation will reach the age of 65 by 2029.

It will produce a rapidly-growing market for investments with higher long-term returns, less volatility and the security of dividends as attention turns from earned income to unearned income.

Joe Keating is RBC Bank's CIO of private asset management.  He has some recommendations for the Baby Boomers.

So, where do things look rosiest for the graying generation?  Keating has identified four sectors where market pressures have opened up great buying opportunities:

Recommendations:
(See below for Web Exclusives)

1)  International Growth/Dollar Plays:

United Technologies [UTX  Loading...      ()   ], Rockwell International [RKWLA  Loading...      ()   ], Honeywell [HON  Loading...      ()   ], Nike

[NKE  Loading...      ()   ], PepsiCo [PEP  Loading...      ()   ], Procter & Gamble [PG  Loading...      ()   ], Colgate Palmolive  [CL  Loading...      ()   ], and VF Corporation                      

[VFC  Loading...      ()   ].

2)  Pipeline Companies in Master Limited Partnerships: 

Enterprise Products Partners [EPD  Loading...      ()   ], Enbridge Energy Partners [EEP  Loading...      ()   ], Plains All American [PAA  Loading...      ()   ], and Teppco Partners [TPP  Loading...      ()   ].

3)  Financial Stocks: 

Northern Trust [NTRS  Loading...      ()   ], PNC Bank [PNC  Loading...      ()   ], Wells Fargo [WFC  Loading...      ()   ], Bank Of New York Mellon [BK  Loading...      ()   ], and Alliance Bernstein [AB  Loading...      ()   ].

4)  Utilities: 

Progress Energy