Wednesday, July 9, 2008

Storm Chasing: Follow the Money

CNBC's Street Signs program this afternoon featured an interview with's James Altucher. He examined the performance of a wide range of stocks (S&P 1500) following the seven most costly hurricanes. He found the stocks of 50 companies which were up in all seven cases, but he recommends four of those in particular:
  • Hill-Rom (HRC): hospital beds!
  • Campbell Soup (CPB): non-perishable foods
  • Toro (TTC): landscaping equipment
  • Nucor (NUE): steel
As usual, invest at your own risk.

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