Hurricane Dorian, first off what a fucking loser name right there. Also, with the name Dorian I would always assume you are a Satanist. I am sorry but I just cannot change. But this blog isn’t about my newly founded hate for dumbly named hurricanes and the parents that named their kid the same thing, this is about making some money by banking on doom.
I know there are teams of people and small traders that literally make money when bad shit happens, tornado's, school shootings, virus outbreaks, the list goes on. I am not going to sit around and judge anyone’s moral character, I will simply let y’all know of what stocks to pick when a hurricane comes around. So yeah, out of all the gloomy shit natural disasters are the easiest ones to cover. I would be willing to cover other events, but if you want to know how I FEEL about all this I am happy to discuss anything one-on-one. It’s terrible, but true, and yes that’s life.
First thing: Hardware stores
Specifically, Home Depot and Lowe’s. Two great stock picks with a track record of success. Both companies pay a dividend, beat earnings, and are the go-to for construction projects for an individual consumer to a business customer. These two, I won’t jump into much because their use is obvious. When shit blows down, I bet you’ll need a hammer and some wood and a whole lotta other shit. My guess is your going to one of the two stores listed. Simple as that.
Second: Insurance
Yep, once again the oracle from Omaha is correct. Insurance baby. It’s the little stuff you don’t think about but happens. Travelers, Allstate, Berkshire (because of GEICO) are all great stocks to look into, anything with property to vehicle insurance is going to do well. Yes, like everything I mention it is because people WILL need it, and especially so after a disaster like a hurricane. That water don’t-give-a-fuck and will ruin everything you’ve ever owned. People want to get their things back and they want it as quick as possible, quotes will be flying left and right. Might be the perfect time for a buy.
Third: Pumps and Generators
Hey. I didn’t say this particular blog would be sexy. And Pumps and Generators are about as sexy as a one-legged stripper in Oklahoma on a Tuesday afternoon, it’ll get the job done, it’s just not gonna go out of its way to impress you. But if you think about it, these are perfect stocks. Generac Holding and Xylem are just two of the many companies that provide this. Now you go find where their individual territories are and pair that with the timing of a hurricane and BAM, you probably just made a great buy at a time where the stock will go up.
Constantly watch as the US faces yet again, another hurricane season. There will be plenty of opportunities to really score with not only a great company but one that will spike in revenue and profits. It gives good outlook, guidance, and makes the nut jobs in New York a little more stress free.
You can get in while the gettin’s good. Just time it, look for the right opportunity and strike while the iron’s hot. No one will punish you if you don’t swing, but when you see the home-run ball coming, swing for the fucking fences big dawg.
Anyway, that’s my take on it. Until next time.
-GS
Comments