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What Should You Invest in After Hurricanes Harvey and Irma?

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http://profitableinvestingtips.com/bond-investing/what-should-you-invest-in-after-hurricanes-harvey-and-irma

What Should You Invest in After Hurricanes Harvey and Irma?

As hurricane Irma bears down on the Caribbean with Florida in its sights are there stocks you should be selling and are there stocks you should buy? The Washington Post writes that Korea and back to back major hurricanes have driven the market down. As stocks skid over worries what should you invest in after hurricanes Harvey and Irma?

Major stock indices closed down more than 1 percent Tuesday as traders worldwide reacted to a rapid escalation of the North Korean nuclear crisis, a second powerful hurricane barreling toward U.S. shores in as many weeks and a looming political fight over the increase in the national debt ceiling.

Financial stocks and insurance companies whose balance sheet could be bludgeoned by another hurricane were among the hardest hit. Conglomerate Berkshire Hathaway, which is heavily bent toward insurance revenues, was down nearly 2 percent. Goldman Sachs Group and JPMorgan were down 3 percent and 2 percent respectively. Bank of America was down more than 3 percent as well.

Many investors are investing in gold as a hedge against risk but US treasuries are also up as others flee the stock market. Regarding the hurricanes many stocks will do well because of rebuilding and reinvestment related to hurricane damage. Those in the path of the storms who suffer damage are exceptions. CNBC and Cramer’s Mad Money notes that as Texas rebuilds after Harvey certain stocks will do well.

Cramer expects potentially tens of billions of federal dollars to flood Texas as the waters recede, especially because it is such a largely Republican state.

The massive reclamation project in Houston will likely deliver a boost to an array of companies related to rebuilding, the “Mad Money” host said.

From companies dealing in homebuilding materials – think Weyerhaeuser, Louisiana-Pacific and USG – to road aggregates – Martin Marietta Materials’ wheelhouse – to roofing – the specialty of Owens Corning and Beacon Roofing – Cramer is anticipating a lift across the board.

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What Should You Invest in After Hurricanes Harvey and Irma?

  1. 1. What Should You Invest in After Hurricanes Harvey and Irma? By www.ProfitableInvestingTips.com
  2. 2. http://profitableinvestingtips.com/bond-investing/what-should-you-invest-in-after-hurricanes-harvey-and-irma As hurricane Irma bears down on the Caribbean with Florida in its sights are there stocks you should be selling and are there stocks you should buy?
  3. 3. http://profitableinvestingtips.com/bond-investing/what-should-you-invest-in-after-hurricanes-harvey-and-irma The Washington Post writes that Korea and back to back major hurricanes have driven the market down.
  4. 4. http://profitableinvestingtips.com/bond-investing/what-should-you-invest-in-after-hurricanes-harvey-and-irma Before We Continue… Click the links below to get your FREE training materials. Free Weekly Investing Webinars Don’t miss these free training events! http://www.profitableinvestingtips.com/free-webinar Forex Conspiracy Report Read every word of this report! http://www.forexconspiracyreport.com Get 12 Free Japanese Candlestick Videos Includes training for all 12 major candlestick signals. http://www.candlestickforums.com
  5. 5. http://profitableinvestingtips.com/bond-investing/what-should-you-invest-in-after-hurricanes-harvey-and-irma As stocks skid over worries what should you invest in after hurricanes Harvey and Irma?
  6. 6. http://profitableinvestingtips.com/bond-investing/what-should-you-invest-in-after-hurricanes-harvey-and-irma Major stock indices closed down more than 1 percent Tuesday as traders worldwide reacted to a rapid escalation of the North Korean nuclear crisis
  7. 7. http://profitableinvestingtips.com/bond-investing/what-should-you-invest-in-after-hurricanes-harvey-and-irma a second powerful hurricane barreling toward U.S. shores in as many weeks and a looming political fight over the increase in the national debt ceiling.
  8. 8. http://profitableinvestingtips.com/bond-investing/what-should-you-invest-in-after-hurricanes-harvey-and-irma Financial stocks and insurance companies whose balance sheet could be bludgeoned by another hurricane were among the hardest hit.
  9. 9. http://profitableinvestingtips.com/bond-investing/what-should-you-invest-in-after-hurricanes-harvey-and-irma Conglomerate Berkshire Hathaway, which is heavily bent toward insurance revenues, was down nearly 2 percent.
  10. 10. http://profitableinvestingtips.com/bond-investing/what-should-you-invest-in-after-hurricanes-harvey-and-irma Goldman Sachs Group and JPMorgan were down 3 percent and 2 percent respectively.
  11. 11. http://profitableinvestingtips.com/bond-investing/what-should-you-invest-in-after-hurricanes-harvey-and-irma Bank of America was down more than 3 percent as well.
  12. 12. http://profitableinvestingtips.com/bond-investing/what-should-you-invest-in-after-hurricanes-harvey-and-irma Many investors are investing in gold as a hedge against risk but US treasuries are also up as others flee the stock market.
  13. 13. http://profitableinvestingtips.com/bond-investing/what-should-you-invest-in-after-hurricanes-harvey-and-irma Regarding the hurricanes many stocks will do well because of rebuilding and reinvestment related to hurricane damage.
  14. 14. http://profitableinvestingtips.com/bond-investing/what-should-you-invest-in-after-hurricanes-harvey-and-irma Those in the path of the storms who suffer damage are exceptions.
  15. 15. http://profitableinvestingtips.com/bond-investing/what-should-you-invest-in-after-hurricanes-harvey-and-irma CNBC and Cramer’s Mad Money notes that as Texas rebuilds after Harvey certain stocks will do well.
  16. 16. http://profitableinvestingtips.com/bond-investing/what-should-you-invest-in-after-hurricanes-harvey-and-irma Cramer expects potentially tens of billions of federal dollars to flood Texas as the waters recede, especially because it is such a largely Republican state.
  17. 17. http://profitableinvestingtips.com/bond-investing/what-should-you-invest-in-after-hurricanes-harvey-and-irma The massive reclamation project in Houston will likely deliver a boost to an array of companies related to rebuilding, the “Mad Money” host said.
  18. 18. http://profitableinvestingtips.com/bond-investing/what-should-you-invest-in-after-hurricanes-harvey-and-irma From companies dealing in homebuilding materials – think Weyerhaeuser, Louisiana-Pacific and USG
  19. 19. http://profitableinvestingtips.com/bond-investing/what-should-you-invest-in-after-hurricanes-harvey-and-irma to road aggregates – Martin Marietta Materials’ wheelhouse
  20. 20. http://profitableinvestingtips.com/bond-investing/what-should-you-invest-in-after-hurricanes-harvey-and-irma to roofing – the specialty of Owens Corning and Beacon Roofing – Cramer is anticipating a lift across the board.
  21. 21. http://profitableinvestingtips.com/bond-investing/what-should-you-invest-in-after-hurricanes-harvey-and-irma While large construction and supply companies will benefit across the board so will the likes of Home Depot and Lowe’s for do it yourselfers who are fixing up lesser damage.
  22. 22. http://profitableinvestingtips.com/bond-investing/what-should-you-invest-in-after-hurricanes-harvey-and-irma Also Houston the flooding damaged as many as half a million cars and trucks.
  23. 23. http://profitableinvestingtips.com/bond-investing/what-should-you-invest-in-after-hurricanes-harvey-and-irma That will be a lot of sales for local dealers and for the auto industry.
  24. 24. http://profitableinvestingtips.com/bond-investing/what-should-you-invest-in-after-hurricanes-harvey-and-irma Big Oil
  25. 25. http://profitableinvestingtips.com/bond-investing/what-should-you-invest-in-after-hurricanes-harvey-and-irma How about oil stocks? After all it was Houston that got hit by Harvey.
  26. 26. http://profitableinvestingtips.com/bond-investing/what-should-you-invest-in-after-hurricanes-harvey-and-irma The Motley Fool speculates on what hurricane Harvey means for oil stocks.
  27. 27. http://profitableinvestingtips.com/bond-investing/what-should-you-invest-in-after-hurricanes-harvey-and-irma As Harvey approached the Gulf Coast, companies were forced to take immediate preventative measures.
  28. 28. http://profitableinvestingtips.com/bond-investing/what-should-you-invest-in-after-hurricanes-harvey-and-irma These included shutting down refineries on the Texas Gulf Coast, where more than 25% of the nation’s refining capacity is located.
  29. 29. http://profitableinvestingtips.com/bond-investing/what-should-you-invest-in-after-hurricanes-harvey-and-irma Overall, Harvey knocked out more than 10% of the country’s refining capacity.
  30. 30. http://profitableinvestingtips.com/bond-investing/what-should-you-invest-in-after-hurricanes-harvey-and-irma Besides refineries, many offshore oil platforms in the Gulf of Mexico had to be evacuated to ensure worker safety or shut down due to pipeline issues.
  31. 31. http://profitableinvestingtips.com/bond-investing/what-should-you-invest-in-after-hurricanes-harvey-and-irma Anadarko, for example, had to evacuate four of its 10 Gulf platforms and shut down four more.
  32. 32. http://profitableinvestingtips.com/bond-investing/what-should-you-invest-in-after-hurricanes-harvey-and-irma As of Friday, the U.S. Bureau of Safety and Environmental Enforcement said workers had been removed from 86 of the 737 manned oil and gas platforms in the Gulf.
  33. 33. http://profitableinvestingtips.com/bond-investing/what-should-you-invest-in-after-hurricanes-harvey-and-irma Onshore operations were also affected: ConocoPhillips ceased all of its operations in the inland Eagle Ford Shale.
  34. 34. http://profitableinvestingtips.com/bond-investing/what-should-you-invest-in-after-hurricanes-harvey-and-irma Many companies will lose revenue on a temporary basis but will recover.
  35. 35. http://profitableinvestingtips.com/bond-investing/what-should-you-invest-in-after-hurricanes-harvey-and-irma Refiners will see better profits during the temporary rise in the price of gasoline.

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