According to geologists, there is now a 5% chance that recent earthquake activity in California are a foreshadow of a more worrisome quake to strike shortly. CEO of Belus Capital Advisors Brian Sozzi points out that a recent study by the California Geological Survey noted the ¿Big One¿ is looming for California, bringing with it a tsunami that would help in causing north of $70 billion in damage. Sozzi suggests that now is the time to research the amount of exposure a company you own has to California, and the disaster prep work being done by execs. Here are three companies that have outsized California exposure to get the wheels turning.
At the time of publication, Sozzi was long XXX, although positions may change at any time.
At the time of publication, Sozzi held no position in the stocks mentioned.
Brian Sozzi is the CEO and Chief Equities Strategist of
. He is responsible for developing and managing an equities portfolio of mid- and large-cap positions, in addition to leading the firm's digital content initiatives. He is also a personal finance columnist for