During the Hottest Summer in Years, it’s Time to Start Pursuing Cold Weather Profits
August 22, 2010 at 09:00 AM EDT
Take our word for it: Even though much of the nation has experienced record high temperatures this month, it'll be plenty chilly before you know it - and if you want some hot profits to warm you up come January, you'd be smart to think "winter" in August. No, we haven't been sneaking refreshments from a St. Bernard's K9 cask: The reality is that a lot of companies that specialize in cold-weather products are stuck in the summer doldrums right now, meaning their share prices are in the cellar. But, when rising winter demand ramps up their sales and profits, those stock prices will likely march higher, right along with your monthly heating bills.