Oceaneering International (OII Quote) is another stock on the Hurricane Index that also appears in a different portfolio of hurricane-related stocks, this time the Hurricane Portfolio. Oceaneering provides underwater repair services that are useful to repair offshore drilling operations in the Gulf after a hurricane.
Other stocks in the Hurricane Portfolio include Superior Offshore (DEEP Quote) and Thor Industries (THO Quote). The Hurricane Portfolio also tracks stocks on the hated list that will be most hurt by a hurricane, including stocks like RenaissanceRe (RNR Quote) and Montpelier Re (MRH Quote), two insurance companies with the most exposure to hurricane areas. For the full list of stocks that can potentially be affected by these disasters, check out the Hurricane Portfolio and the 2007 Hurricane Index.- Loading Comments...
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