10 Stocks To Benefit From Hurricane Sandy — Forbes

Chris Versace

Chris Versace is a financial columnist and equity analyst with more than 20 years of experience in the investment industry.

After the next few days, the name Sandy will survive in the lexicon of the American language as one of the worst storms on record that battered the Eastern United States. No longer will Sandy be remembered mainly as an early Bruce Springsteen song, but rather as a storm that closed the federal government; forced the evacuation of lower Manhattan; shut down the New York Stock Exchange (NYX), the Nasdaq (NDAQ) and millions of other businesses; resulted in lost power at millions of homes and businesses from Virginia to Vermont; caused billions of dollars in damages — up to $20 billion, according to Kinetic Analysis Corp.; and cut into weekly paychecks for hourly wage employees.

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The NYSE Euronext (NYX) announced that it closed U.S. markets today and tomorrow due to Hurricane Sandy, which is expected to cause flooding and damaging winds in New York City. The exchange released a statement indicating that it supports the consensus of the markets and the regulatory community that the dangerous conditions developing due to Hurricane Sandy will make it extremely difficult to ensure the safety of people if the markets were open. In consultation with other U.S. exchanges and ma

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