Summer is just around the corner and it’s shaping up to be one of the hottest years on record.
Yes, temperatures are expected to rise; however, they’re not the only thing that’s subject to change. Believe it or not, stock prices are directly influenced by this hot weather as well.
Electric companies often experience a surge in revenue during these summer months as more people actively run their A/C units in an effort to keep themselves cool.
But, instead of putting your hard-earned money towards an overpriced electric bill month after month, why not take some of it back for yourself?
By simply investing in cold air you can profit from this summer heat. Certain shares have already rose 281% and are expected to climb even higher in the months to come.
Keeping a warming world cool is an ongoing battle that inherently increases the demand for air conditioning and its related products, especially during summer.
A/C is a luxury that has now become recognized as an absolute necessity for many people. In fact, there are currently over a billion air conditioning units in service of which account for two-thirds of ALL residential electricity.
In other words, A/C is here to stay and it’s proven to be a stable investment opportunity, but how exactly do you invest in this cool air?
Vivo Power (VVPR) and Genie Energy (GNE), are just two examples of electric utility companies that have already had a glimpse of the earnings that lay ahead, due to these increasing temperatures.
For instance, Vivo Power share prices shot up as much as 281% just within the month of May!
On the other hand, Genie Energy performed similarly as share prices increased from $3.81 at the start of April to $5.20 near the end of May. That’s about a 45% gain!
But it doesn’t end there…
Summer hasn’t even officially started yet and the warm weather that drives the companies focused on A/C related services is expected to continually rise.
To make matters even more appealing, studies show that these temperatures are projected to gradually increase within the next 30 years.
As an individual that’s interested in investing in the market, this is EXCELLENT news.
Perhaps you’re not a fan of this kind of heat, but I can guarantee that the money involved will spark your interest.
You don’t want to miss out on this opportunity to easily prosper from the A/C services and related products that these companies have to offer.
