GO
Loading...

Looking for Storm Plays? Not Too Late for This One

Monday, 29 Oct 2012 | 5:36 PM ET

Most of the hurricane plays may already be over – most, but according to top trader Brian Stutland, not all.

Stutland, who is a CNBC Contributor, thinks once the markets open again, Generac should have more room to run.

Because most investors think of home improvement stocks such as Home Depot and insurance stocks including Prudential as a hurricane plays, Stutland believes Generac may fly a little under the radar.

Brian Stutland's Favorite Hurricane Sandy Play
According to Brian Stutland of Stutland Equities, Hurricane Sandy may have created opportunity in this little-known stock.

However, as a designer and manufacturer of generators, Stutland thinks Generac will experience a spike in sales because of the storm. And when the Street catches on - he expects the stock to pop.

Stutland concedes that the stock rallied about 10% over the past week but, "at 5.5 times earnings, the stock remains relatively cheap," Stutland said.

"I see it as a value play." And in the aftermath of Hurricane Sandy, the founder of Stutland Equities added, "I can see it getting above $30."

Posted by CNBC's Lee Brodie

______________________________________________________
Got something to to say? Send us an e-mail at fastmoney-web@cnbc.com and your comment might be posted on the Rapid Recap. If you'd prefer to make a comment, but not have it published on our Web site, send those e-mails to fastmoney@cnbc.com.

CNBC.com with wires.

Featured

Contact Fast Money

  • Showtimes

    Halftime Report - Weekdays 12p ET
    Fast Money - Weekdays 5p ET
  • Melissa Lee is the host of CNBC's “Fast Money” and “Options Action.”

  • Scott Wapner is host of the "Fast Money Halftime Report," which airs weekdays from 12 p.m. to 1 p.m. ET.

  • Guy Adami is a contributor on CNBC's "Fast Money." He also is managing director of stockMONSTER.com.

  • Najarian, the "Pit Boss," is cofounder of optionMONSTER.com, a news site for options traders.

  • Finerman is president of Metropolitan Capital Advisors, Inc., a company she co-founded.

  • Founder of EmergingMoney.com

  • Chief Market Strategist for Virtus Investment Partners & CNBC Contributor

Halftime Report