In every crisis, there’s opportunity. Hurricanes are no exception.

From above, hurricanes are gorgeous forces of nature with a well-defined eye wall. Underneath, it’s a whole other ballgame. Ferocious winds, storm surge, tornadic activity, and unspeakable damage are left in its path. Unfortunately, hurricanes can’t be avoided.

However, we can be aware of them, and seek appropriate shelter.

We can even move out of the path of them by not living in hurricane-prone areas. We can even profit from them, as some companies predictably see a jump in costs as they repair businesses. Other companies generate more business as they supply the products and services needed in the rebuilding effort. While the 2023 hurricane season doesn’t start until June 1, it doesn’t hurt to start looking at –and investing – in some top hurricane stocks.

Generac Holdings (GNCR)

GNRC is a $6.3 billion leader in power generation equipment and other light-motor equipment for residential and industrial customers. The company is the market leader in home standby generators and the leading global manufacturer of mobile generators for industrial use. Beyond the physical damage to homes and businesses, one of the biggest inconveniences of a powerful storm is electrical outages.

Home Improvement Stocks

As two major hurricanes swirl in the Atlantic Ocean, investors bid up Home Depot (HD) and Lowe’s (LOW) since they 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.”

Xylem Inc. (XYL)

XYL is another one to own. It’s a global leader in water services, including testing, treating and transportation. When a massive storm hits, floodwaters can overwhelm public drinking water and mean large government contracts for making the water safe again.