Is it time to invest in various companies that supply large amount of construction materials. After hurricane Katrina my father was seeing a crazy hike in construction material prices in Pittsburgh due to how much stuff was being sent down to New Orleans.
Would be unreasonable to start buying some stock in those industries? What are the ticklers that I should be looking at? I am looking at a few ticklers and how they did in 2005 and there is certainly a rise, but not really easy for me to tell if that was because of the hurricane or any other factors.
Thoughts?
Oil. Exxonmobil / Chevron. Places like lowes / menards may have short term gains but not sure how they'll do in the long run.
>is it time to buy high so that I can sell low later on?
Bit too late pal
You missed the boat.
Prices flew last week