Click to Enlarge Home Depot (NYSE:HD), the nation’s largest home improvement retailer, sees sales spike both ahead of and in the wake of big storms. From flashlights to batteries to generators, folks battening down ahead of the storm surge pile in to prepare.
Once the weather clears, Home Depot sees brisk business from do-it-yourselfers and professional contractors working overtime to repair and rebuild.
During last year’s hurricane season, Home Depot shares rose 36% vs. an 11% gain for the broader market. The stock really got interesting in October when Hurricane Sandy hit the Eastern Seaboard.