Zombie Apocalypse Stocks
Investor’s Business Daily:: “Zombie Apocalypse Stock Portfolio Triples In 3 Years” by Ed Carson:
The zombie portfolio of seven stocks — SolarCity (SCTY), Generac (GNRC), Sturm Ruger (RGR), Smith & Wesson (SWHC), Cabela’s (CAB), GNC (GNC) and Pall Corp. (PLL) — has soared by 230% since “The Walking Dead” premiered on Oct. 31, 2010. That compares to 50% for the S&P 500 index.
Francis was “blown away” by the stocks’ performance but Hoenig says:
You can’t discount the fact these zombie stocks are doing particularly well, but I tell you, if you look underneath the hood, Melissa, they’re benefiting not so much because of zombies but really much more because of government…
Perhaps coincidentally, when I watched the whole 5 minute video segment on the Fox website, it automatically queued as the next video: “American cities vulnerable to large-scale cyber attack” — is that just a coincidence in my browser or did Fox intentionally pair zombies and cyber-attacks? (Cf. zombie hackers)