3 ‘Florida' Stocks to Buy to Capitalize on the Sunshine State's Boom
Ryder(R) Investor Place·2024-06-15 19:45
Florida has seen a massive amount of migration to the state as more people move from the northern and western parts of the U.S. These trends have started to cool, but I think companies in Florida will be able to capitalize on the ongoing boom for a long time.Of course, it’s not just the population boom that’s making Florida a hot place to invest. The state’s GDP grew at a 6.1% clip in 2023. Moreover, the U.S. is seeing a wave of retirees migrate to warmer climates. Importantly, more than 11,200 baby boomers ...