With Easter Sunday fast approaching (yes, it’s this Sunday), the promise of Spring begins to set in. The theme of rebirth that runs through the holiday may have some harried investors searching for ways to reinvent their portfolios. Well, if any are looking for ways to potentially profit from the Easter fervor this weekend, here’s just a few quick ideas that may (or, more likely, may not) work out.
Eggs for Easter
The traditional Easter Egg hunt may make some of the more devoutly religious amongst us cringe, but that certainly hasn’t stopped it from becoming cemented onto the American consciousness. As such, egg sales are likely to spike over this nest week (and maybe next for those who use up the eggs in their fridge this weekend). The primary beneficiaries? Well, Cal-Maine Foods (CALM) is the biggest egg producer in the country, and the only one that’s publicly traded.
Continuing to spark disappointed head-shaking from Priests across the nation, the next tradition most often associated with Easter is the Easter Bunny bringing chocolate treats to children. As such, grocery stores are in the process of moving large stocks of chocolate bunnies and cream eggs, which could mean big things for Hershey (HSY) or Kraft (KFT), the parent company of Cadbury.
According to the Center for Applied Research in the Apostolate at Georgetown University, there are currently 77.7 million Catholics in the United States. And they will all came out of Lent on Thursday or will be this coming Saturday. Should even a fraction of those have gone the traditional route and fasted during Lent by swearing off meat, they should be DYING for a decent cheeseburger. Could this mean that share in McDonald’s (MCD) or Wendy’s (WEN) are about to spike?
Unfortunately for investors, HoneyBaked Ham is privately owned, meaning you’ll have to seek out your ham play elsewhere or make a solid offer to the daughters of founder Harry J. Hoenselaar who now own the company after he died in 1974.