Winter Storm Juno is bearing down on the Northeast, and the Weather Channel is calling for more than two feet of snow in some areas over the next three days.
With blizzard warnings already in effect in parts of seven states, Juno will certainly be causing major disruptions this week.
Here are four stocks that could suffer from the storm:
1. American Airlines Group Inc AAL 3.55%
More than 5,700 flights have already been cancelled this week, and American Airlines, United Continental Holdings Inc UAL 1.89% and other airlines will be scrambling in response to the storm. So far, the majority of the cancelled flights are for Monday and Tuesday, but 200 flights on Wednesday have also been cancelled. That number could quickly start to grow if the storm’s impact is more severe than anticipated.
2. Boyd Gaming Corporation BYD 1.29%
Travel by car in the Northeast will likely be difficult, especially outside of the major cities. It’s unlikely that many gamblers will be willing/able to make it to Atlantic City for a few days to gamble at the Borgata, a casino that Boyd owns with MGM Resorts International MGM 0.72% that generates 30 percent of Boyd’s annual sales.
Related Link: Build Up Your ‘Winter Storm Juno’ Portfolio With These 5 Stocks
3. Dunkin Brands Group Inc DNKN 1.6%
Dunkin Donuts is not the only restaurant chain that could suffer from customers being snowed in, but one look at this map of Dunkin’s nationwide locations tells you exactly why the Northeast region is particularly critical for the company.
4. Five Below Inc FIVE 0.12%
Retailers will likely be hit hard by the storm for at least a few days. During a blizzard, the majority of shopping will probably be done online via Amazon.com Inc AMZN 0.86% rather than at shopping malls. Much like Dunkin Donuts, Five Below has a particularly heavy presence in the Northeast.
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