Stocks That Will Rock You Like a Hurricane

Stockpickr member arnabdgp notes in his 2007 Hurricane Season Index that the National Hurricane Center has warned that the 2007 season will be more active than normal. In April, William Gray, a top hurricane forecaster based at Colorado State University, predicted a "very active" season this year with at least nine hurricanes -- five of them major hurricanes -- and a good chance that one major hurricane will hit the U.S. coast.

With the heart of the hurricane season upon us, now is a good time to check out stocks that could benefit from stormy weather. These companies provide support services to offshore rigs that might get damaged from the path of a hurricane and need to be transported for repair.

The 2007 Hurricane Season Index identifies stocks that not only benefit the most when there is a hurricane but also have other factors (low P/E , high dividends , buybacks, insider buying, etc) to support the case that they are buys right now, even without a disastrous hurricane season.

For instance, on his list is Trico Marine Services (TRMA Quote), which provides marine support vessels to support the oil and gas fields in Mexico and Brazil, particularly the Gulf of Mexico. It transports drilling materials, supplies, and crews, and, most important for us, it offers repair services after a hurricane. ...