Nursing Shortage

This article discusses the looming shortage of nurses and how to profit from it, suggesting two companies who staff nurses and other health professionals:

"THE aging baby boomers will set off any number of health-care booms, and staffing companies that place nurses in hospitals are among the most obvious beneficiaries. But investors needn't go gray waiting for those demographic trends to bear fruit, not with AMN Healthcare Services and Cross Country Healthcare poised to ride a near-term cyclical upswing."

"This can't help but be a healthy niche in the long run. It's a sad fact of life, but the boomers, those 78 million Americans born between 1946 and 1964, will be spending more and more time in hospitals in the coming years. When you consider that the number of Americans in the 55-to-64 age group is expected to expand 40% by 2014, it's no wonder hospitals are in the midst of a $100 billion construction boom, their biggest in years."

My closest friend happens to be a nurse, recently graduated. The demand for nurses is incredible. She had a job in place two months before graduating, as did most of her classmates. And the pay was none too shabby. If only for that reason, I recommend dipping a few toes in each of these stocks. So finally, after recommending many sells, I've found a couple investments to buy. AMN Healthcare Services (AHS) closed trading today at $22.41. Cross Country Healthcare (CCRN) closed trading today at $16.85.