5 Hot Stocks for Boomer Consumers

Oct 9, 2009, 1:46 am EST | By Jim Woods, Stocks & Markets Writer

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The iShares Nasdaq Biotechnology (IBB)

As smart as we boomers are, we don’t yet know what medical innovations will come to market in the next five, 10 or 15 years. We do, however, know
that most of the new innovations in medicine will come from the biotech sector. As boomers age, it’s just a reality that we will be consuming more
medicine and more medical care.

To make sure we have the biotech sector covered, our final boomer stock is actually a basket of the best biotech stocks out there — the iShares
Nasdaq Biotechnology (IBB) exchange traded fund (ETF). This ETF is designed to move in concert
with stocks that comprise the Nasdaq Biotechnology Index. This ETF can be volatile, but volatility doesn’t bother us boomers. In fact, it just adds
a little spice to our already rich lives.

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