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Friday, September 18, 2015

Halloween Stocks in September?

Halloween Jack-O-Lanturn Pumpkin
The Halloween ads started several days ago, even though it was just the middle of September. Halloween is celebrated in United States, England, Ireland, Scotland, Wales, Canada, Australia, and New Zealand, so there should be plenty of stock treat opportunities. The following are stocks which may benefit from the holiday, but do your research as some of them may be tricks instead of treats.

Watching scary movies is one of the popular activities of teenagers on Halloween. Netflix (NFLX) has a huge number of horror movies in its collection of titles. The stock has a trailing price to earnings ratio of 230 and a forward P/E of 342.

One of the leading studios of scary movies is Lions Gate Entertainment (LGF), which has made such films as American Psycho, Ginger Snaps, Route 666, The Devil's Rejects, House of the Dead 2, Saw VI, See No Evil, Hostel: Part II, My Bloody Valentine 3D and numerous others. Lionsgate has a P/E ratio of 33 and sports a yield of 0.7%.

Of course, the big beneficiaries of Halloween are the candy companies. Hershey Foods (HSY) is the large chocolate and confectionery company made famous by its Hershey Kisses and Hershey Bars. The stock has a P/E of 36, and a yield of 2.6%.

Rocky Mountain Chocolate Factory (RMCF) is a very low cap Colorado based company which makes and markets chocolate and candy. The stock has a P/E of 19 and a yield of 4.0%.

Tootsie Roll Industries (TR) makes all kinds of candy for trick-or-treaters including Tootsie Rolls, Tootsie Roll Pops, Caramel Apple Pops, Charms, Blow-Pops, Blue Razz, Zip-A-Dee Pops, Cella's, Mason Dots, Mason Crows, Junior Mint, Charleston Chew, Sugar Daddys, and Sugar Babies. The stock has a P/E of 29 and a yield of 1.1%.

Halloween costumes and decorations are available at discount retailers such as Wal-Mart (WMT). It has a P/E of 13, and a yield of 3.0%.

If you like interesting sectors of stocks, such as college stocks, cloud computing stocks, and chocolate and candy stocks, check out WallStreetNewsNetwork.com.

Disclosure: Author didn't own any of the above at the time the article was written.

By Stockerblog.com

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