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Home improvement companies could see increased sales after Hurricane Ian, Wells Fargo says
Hurricane Ian is barreling toward Florida just after strengthening to a Category 4 storm, and analysts are forecasting billions of dollars in damages. Outside of the impression to human life, storms of this mother nature also convert into financial activities as folks, cities and cities rebuild just after considerable injury. Wells Fargo explained Wednesday that retail names uncovered to the housing topic could see a “possible uptick in 2H House Advancement demand from customers.” Analysts led by Zachary Fadem said that these organizations, like those in the flooring and automobile aspect industries, are inclined to benefit from hurricane preparation and clean up-up exercise. Fadem pointed specifically to House Depot ,…