Stockpickr
These Cold-Weather Stocks Are Hot
As the temperature across a large portion of the U.S. turns from cold to colder, some stocks start to warm up and benefit from the brutal shift in weather.
Tractor Supply Company(TSCO): In the company's first-quarter 2008 conference call, CEO Jim Wright said the following regarding last winter's weather: "We generated stronger-than-expected sales during the first quarter. Our team executed well at the store level and took advantage of the cold weather opportunity." He also said: "We were deliberate in our markdown strategy on winter-related merchandise, which produced a solid sell-through" He said the trend should continue through the cold weather. Tractor Supply operates retail farm and ranch stores in the U.S. The company offers various products for the agricultural and rural lifestyles, including hardware, power equipment, trucks, towing products and footwear. Currently, it operates 834 stores in 44 states, with an average store size of 16,600 square feet. To read more, visit Stockpickr.com.TheStreet Premium Services
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