Home Depot (HD - Get Report): I was hesitant to add this stock to the portfolio, but it tends to get a psychological pop as investors see people scramble to buy gear and supplies at their local Home Depot. This is the least levered to actual needle-moving revenue upside from a storm, simply because of the law of large numbers -- HD posted $77.2 billion in sales in their last fiscal year. But it still may be good for a point or two on investor psychology.Come back tomorrow for the next installment regarding where I think the big money in the hurricane trade is made: the offshore segment.
Please note that due to factors including low market capitalization and/or insufficient public float, we consider Fleetwood Enterprises, Cavco Industries and Champion Enterprises to be small-cap stocks. You should be aware that such stocks are subject to more risk than stocks of larger companies, including greater volatility, lower liquidity and less publicly available information, and that postings such as this one can have an effect on their stock prices.