NEW YORK (TheStreet) -- Shares of companies whose products combat the effects of storms are rising as the Northeast braces itself for what is being predicted to be among the worst winter storms in the region's history.
STOCKS TO WATCH: The shares of generator maker Generac (GNRC) - Get Report are rising about 5% to $48.32 in early trading. Two months after many in the New York area lost power for many days following Hurricane Sandy, Generac's stock rose to around $57 from about $26 before the storm. PowerSecure (POWR) , which also sells generators, is also getting a bid, rising 5.4% to $9.89. Meanwhile, Douglas Dynamics (PLOW) - Get Report , a maker of snow plows and sand and salt spreaders, is climbing 2.7% to $20.61, while deicing salt maker Compass Minerals (CMP) - Get Report is rising 0.4% to $91.24.
WHAT'S NOTABLE: One sector not benefiting from the storm is the airline group. According to USA Today, over 4,3000 flights have already been canceled as a result of the blizzard. Publicly traded companies in the space include American Airlines (AAL) - Get Report , Delta Air Lines (DAL) - Get Report , JetBlue (JBLU) - Get Report , Southwest (LUV) - Get Report and United Continental (UAL) - Get Report .
Reporting by Larry Ramer.
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