Beacon Roofing Supply
After all, bad weather is bad for roofers, at least in the normal course of business. New construction and repairs slow down when it’s too wet or too cold. But hail storms, tornadoes and hurricanes drive a surge in repairs once the weather’s cleared.
All that demand for roofing supplies and related building materials helped propel Beacon to a 31% gain in last year’s hurricane season, beating the broader market by 20 percentage points.
As of this writing, Dan Burrows did not hold positions in any of the aforementioned securities.