Tropical Storm Nate is expected to gain strength as it moves over the warm waters of the Gulf of Mexico this weekend. Models predict it will make landfall between Louisiana to Northwest Florida. As of Early Friday, Nate remains a tropical storm, but it could reach land as a Category 1 hurricane. The Storm has moved across parts of Mexico and the National Hurricane Center says it is now "heading for the northwestern Caribbean Sea and the Gulf of Mexico in a hurry." The Storm has maximum sustained winds of 45 mph, but is expected to grow stronger over the next few days.

 

Watch More with TheStreet:

 

More from Video

The Recent Pullback in the Defense Sector Provides a Buying Opportunity

The Recent Pullback in the Defense Sector Provides a Buying Opportunity

Goldman Sachs vs. Morgan Stanley: The Battle for M&A Dollars

Goldman Sachs vs. Morgan Stanley: The Battle for M&A Dollars

3 Reasons Wendy's Should Buy John Schnatter's Papa John's

3 Reasons Wendy's Should Buy John Schnatter's Papa John's

Video: What to Expect From Microsoft's Earnings Thursday

Video: What to Expect From Microsoft's Earnings Thursday

Lee Munson on Why Investors are Shifting to Small-Cap Stocks

Lee Munson on Why Investors are Shifting to Small-Cap Stocks