Major indices finish lower amid GE earnings disappointment >>> READ MORE

5 Stocks to Buy Ahead of Hurricane Season

Researchers expert this year to be especially brutal

    View All  

Beacon Roofing Supply

BECN Chart
Click to Enlarge 
Beacon Roofing Supply (NASDAQ:BECN) distributes roofing and building materials, which usually suffer from extended bouts of nasty weather.

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. 

Article printed from InvestorPlace Media,

©2017 InvestorPlace Media, LLC