Do you like hot dogs? I don’t as it
is a typical junk food for me. I have never got used to it but it’s undeniable
that it is one of the most loved foods in the US. Going anywhere in the city
busy streets, you will likely bump into someone selling hot dogs. I saw
somewhere saying that Americans eat 9 billion hot dogs each year on average. It
is a huge business regardless if you like it or not. I figure that we may make
some money by trading hot dog stocks, especially if we know the hot season for
it. I have got an idea for you.
I just saw some interesting statistics about hot
dog consumptions in the US: the hot season for hot dogs is from Memorial Day to
Labor Day, which sounds reasonable as it is the most active season for outdoor
activities. Almost 80% of the 9 billion hot dogs are consumed during this
period, which means over 800 hot dogs are eaten up every second in the US. Just
July 4 one day, Americans swallow over 150 million hot dogs! So here comes the
idea, if we find out a stock that is famous for hot dog and buy it during the
hot season, it will likely be profitable, right? Here how Nathan’s Famous (NATH) can come in to play for this
idea. It is an food company but really famous for hot dogs. If you don’t know,
Americans love to watch Joey Chestnut on July 4 at the Nathan’s Famous annual
hot dot eating competition. Because it is so famous, the company’s hot dog
sales shoot up a lot during the hot season, especially on July 4. Buying NATH
now and hold it for a few months may likely bring you some extra money!
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