This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Hurricane Sandy Is an Ongoing Story for Families and Retailers

Stocks in this article: HD LOW BBY SHLD USG WY

NEW YORK ( TheStreet) -- It's hard to believe that it's been a month since my post-Hurricane Sandy column ran. I'm still grateful to my editors at the for publishing this piece, which was personal in nature and a vast departure from my typical value-related drivel. After experiencing some of the devastation first-hand, it's all I could muster. And I still count us as among the fortunate.

It's an ongoing story, too, as the cleanup continues and I still count us as among the fortunate. We've personally ripped out much of the downstairs of our little cottage, carpets, padding drywall, insulation. We've thrown away most of the contents: beds, clothing, furniture, appliances.

Much of what we had was old, or hand-me-down, but it was ours, and despite the fact that most of it was worth little, it was still ours. This little cottage was no palace, but it was the source of years of family-time, and a place we have watched our kids grow up.

But there was one huge bright spot here. After another long day of tearing things apart, and adding to the huge pile of debris in front of our house, a woman approached me saying she thought she'd sighted our front porch, which had floated away during the flooding.

We walked a block and a half, and there it sat! Our old front porch, which we figured was long gone, looking a bit more ragged, and covered with debris, but intact.

The best part was that one of the pots of flowers I'd left on it pre-storm (a gesture of hope) was exactly where I'd left it! Our porch floated down our street in five feet of water, took a right turn, then a left, before ending up in a driveway. Somehow, the flowers stayed. It was not only unbelievable but the little shot in the arm that we needed.

Now the rebuilding begins, and it will be an enormous task, with huge economic implications. In the aftermath of this storm, there are thousands and thousands of homeowners that have much to replace in order to get their homes back in order. The number of appliances that will need to be replaced due to water damage -- stoves, refrigerators, washers and dryers, dishwashers -- is staggering. Add to that all the drywall, carpeting, flooring, that will need to be re-done, and it's safe to say that retailers in the affected areas will be extremely busy, especially once insurance claims are realized.

1 of 2

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,778.15 +421.28 2.43%
S&P 500 2,061.23 +48.34 2.40%
NASDAQ 4,748.3960 +104.0840 2.24%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs