Hurricane Sandy is believed to the worst storm ever that has affected millions of Americans. However if you are an investor or trader in american stocks then this storm does bring some ideas for investment.
First company that would benefit the most is Home Depot (HD). People who lost their homes and mobiles need to repurchase these products. Companies within the home improvement industry should benefit from the hurricane. Home Depot being the largest company in that category gets benefited the most.
Second would be car rental companies. If people leave their homes, they need to choose a provider if they don’t have an own car.
Third and fourth would be Starbucks (SBUX) and McDonald’s (MCD). People who left their homes need to stay away from home for few days, and hence these companies could make some extra profits from this.