With the blizzard already bearing down on Philadelphia to Maine and parts of the Midwest on Tuesday, there may be all sorts of companies in focus across Wall Street.
But retailers that sell storm supplies like rock salt and boots such as Home Depot(HD) - Get Report , Lowe's(LOW) - Get Report and Walmart(WMT) - Get Report , and apparel retailers like Macy's (M) - Get Report, T.J. Maxx(TJX) - Get Report and Nordstrom(JWN) - Get Report , likely won't be the biggest winners when Stella settles in. The trophies for biggest winners could go to snowblower makers, manufacturers of power generators and natural gas producers.
At least a foot of snow is in the cards, according to the National Weather Service, but some places, like New York City could see an extra foot on top of that. The entire Northeast corridor of I-95 from Washington, D.C., to Boston may be in whiteout conditions. Winter storms have historically triggered a good deal of cleanup in their aftermath.
Winter storms caused an estimated $1 billion in insured losses in 2016, down from $3.5 billion in 2015, according to Munich Re. From 1996 to 2015, winter storms resulted in about $30 billion in insured catastrophe losses, or about $1.5 billion a year on average, according to Property Claim Services.
Here are some of the possible big winners from Stella.