- A new millennial index has been created, the “Next 50.”
- Valuations are extremely high, but the trends are all in favor of millennial companies.
- We’ll provide a few investing strategies, so you can choose the best for you.
Barron’s recently created an index of 50 stocks loved by young American consumers, the Next 50 index. Not surprisingly, there’s also an ETF that tracks millennial stocks, the Global X Millennial Thematic ETF, and we’ll likely soon see a new ETF that tracks the Next 50 index.
Today we’ll discuss how much of the hype around millennial stocks is significant for long term positive investment returns, and why you should jump on the bandwagon. More →