Mortuaries As A Contrarian Investment
There has been a rise in sudden deaths that the mainstream media does not want to discuss. People who are otherwise healthy have been mysteriously dying. Mortuaries are a way to go long this trend.
Industry Overview
Mortuaries are responsible for dealing with the dead. Mortuaries provide services from determining the cause of death to funeral services. This is a neglected industry because few people want to invest in companies that make money from dealing with the deceased. These companies are considered dirty businesses because they make their money off death.
Memento mori, which means “Remember you must die.”
Market Analysis
Morticians have been commenting that they have been seeing a rise in deaths. Insurance companies are reporting on this as well. Due to the rising deaths, morticians may continue to see demand rise. This is bullish for this often-overlooked sector of the market.
There are four main publicly traded funeral home names in the stock market. These four names also currently pay a dividend.
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