5 Best Hurricane and Natural Disaster Stocks to Buy Now

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In this article, we discuss 5 best hurricane and natural disaster stocks to buy now. If you want to read about some more natural disaster stocks, go directly to 10 Best Hurricane and Natural Disaster Stocks to Buy Now.

5. Generac Holdings Inc. (NYSE:GNRC)

Number of Hedge Fund Holders: 34     

Generac Holdings Inc. (NYSE:GNRC) designs, manufactures, and sells power generation equipment, energy storage systems, and other power products for the residential, commercial, and industrial markets. It is one of the most prominent hurricane stocks to invest in. Natural disasters disrupt electric power generation, fueling the demand for energy storage systems. Generac Holdings Inc. (NYSE:GNRC)’s top-line growth and operating margins have begun to improve in the past few months. Generac Holdings Inc. (NYSE:GNRC) has been one of the best compounders in the past decade, with the share price up over 1,000% during the period.

At the end of the second quarter of 2022, 34 hedge funds in the database of Insider Monkey held stakes worth $372.8 million in Generac Holdings Inc. (NYSE:GNRC), compared to 33 in the previous quarter worth $383 million.

In its Q2 2021 investor letter, Polen Capital, an asset management firm, highlighted a few stocks and Generac Holdings Inc. (NYSE:GNRC) was one of them. Here is what the fund said:

“On a securities level, our top contributors (includes) Generac. All these businesses performed well fundamentally. For Generac Holdings Inc. (NYSE:GNRC), the leading provider of residential standby generators, fundamentals remained strong, but there was little to highlight from the quarter.”

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