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Saturday, May 13, 2017

Hot dogs may feed you with some money


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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