Home Depot (HD) and Lowe's (LOW) should see sales soar in these areas, not only from building materials, but from appliance sales as well. Best Buy (BBY), which has had a rough run this year, may also benefit from the appliance side, as could Sears (SHLD).
Demand for lumber and related products should also rise in the affected areas, which may benefit names such as Plum Creek Timber (PCL), Rayonier (RYN), and Weyerhauser (WY). Leading Sheetrock manufacturer USG (USG) should also see some increasing demand.
Whether or not the demand will be great enough to move the needle for any of these companies remains to be seen. But after viewing some of the damaged areas, and seeing the piles of ripped-out building materials, and appliance after appliance, at the front of every home, I could not help but to think that there will be a lot of money changing hands in order to put things back to normal.
Not the type of stimulus package anyone would ever hope for, but it is what it is.
At the time of publication the author held no positions in any of the stocks mentioned.
This article is commentary by an independent contributor, separate from TheStreet's regular news coverage.