Having children can be an expensive proposition, as a young family finds itself with ramped-up spending, just at a time when one of them is out of the workforce. A potential consolation is to find some stocks that benefit from that spending. Here are five stocks leveraged to the spending on juvenile humans.
Assisted reproductive services does not sound like something you would expect to find on the stock market, but it is actually a hot little mini-sector – if two stocks can be said to make a sector. First Virtus Health Limited (VRT), the largest IVF services provider in Australia, floated in May 2013, as its private equity owner Quadrant exited the stock (having made more than three times its investment.) Virtus was issued at $5.68 in June 2013, and hit the market with a bang, gaining 9% on debut. Since then the stock has moved to $7.90, with 39 cents of dividends in the kitty as well.