Morning Watchlist

    Top Ways to Diversify for a Renewable Future - 5/13

    Dylan Jovine
    Monday, May 13, 20243 min read
    Top Ways to Diversify for a Renewable Future - 5/13

    With hurricane season nearing, it’s time to consider storm-prep stocks.

    According to The Weather Channel, the 2024 hurricane season could be one of the most active on record. “The outlook issued on Thursday calls for 24 named storms, 11 of which will become hurricanes and six of which will reach Category 3 status or stronger,” they noted. “T​hat is well above the 30-year average tally for both hurricanes and storms, and also markedly above the tally of 20 storms, seven hurricanes and three Cat 3-plus hurricanes in 2023.”

    That being said, keep an eye on hurricane-related stocks, such as:

    Company: Generac Holdings (SYM: GNRC)
    Urgent: Buy This Stock Before May 14th!
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    34-year investing legend Tim Melvin says: This is the #1 Dividend Stock for the AI Boom. Why? Because this little known stock is an energy royalty company…so they get paid any time someone drills for oil or gas on their over 20Million acres of American soil. And according to the New York Times...AI could soon need as much electricity as an entire COUNTRY. So this company is perfectly positioned to get RICH during the AI boom. And if you buy their stock by May 14th, you could too.
    Click here for all the details.

    Companies: Home Depot (SYM: HD) and Lowe’s (SYM: LOW)
    Home Depot (SYM: HD) and Lowe’s (SYM: LOW) historically stand to benefit from increased sales of plywood and other home improvement goods.  This segment is “naturally positively exposed to preparation and recovery efforts,” says Morgan Stanley.  These “typically see a boost in sales post-storm as damaged property is repaired.”
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    Written by Dylan Jovine

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