
Hurricane Irma Aftermath Makes These Stocks Must Watch, Jim Cramer Reveals
Amid Hurricane Irma, TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer is watching a host of stocks.
"The states and the insurance companies will present a tremendous amount of money for the consumers," Cramer said, adding that while road building stocks are coming in on Monday, they are buys down the road.
Stocks Cramer is watching include Home Depot (HD) - Get Report and Caterpillar (CAT) - Get Report .
According to Barclays analyst Jay Gelb, Irma could inflict up to $60 billion in insured losses. While that's a big blow to insurance companies, it could have been far worse, especially if Miami took a direct hit, Gelb said. Still, when combined with Hurricane Harvey, insured losses could eclipse the $100 billion mark.
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