Swarn Chatterjee, a faculty member in the College of Family and Consumer Sciences, was quoted by U.S. News & World Report in an article about how different generations invest.
According to new research, millennials were the only generation with Disney stock in their top 10 list. Chatterjee said millennials buy what they know, usually technology stocks and related services.
“Their investment choices are based on what they are more familiar with, which differs from baby boomers,” said Chatterjee, who is an associate professor in the financial planning, housing and consumer economics department.
He also said that millennials “probably are overlooking some blue-chip stocks.”