Which Sin Stocks Might Rise After Three-Day Easter Break?

Easter weekend brings out some interesting trade ideas for investors. Christians observe the end of Lent this weekend, meaning all of the vices that had been off-limits for 40 days are suddenly back on the menu. Here's a look at five sin stocks that might benefit from the Easter Bunny's arrival. Alcohol: Brown-Forman Corporation BF manufactures some of America's favorite tasty beverages, including Jack Daniels and Southern Comfort. Folks who gave up whiskey for Lent may find themselves rushing out this weekend to stock up on their social lubricant of choice. Brown-Forman is up $0.21 to $71.71, a gain of 0.29% on the day. Cigarettes: Philip Morris PM is another company that manufactures products that people give up for Lent and promptly return to once Easter hits. Philip Morris is the company that brings Americans brands like Marlboro, Merit, Parliament, and Virginia Slims. Barring major life changes in the preceding 40 days, one is likely to find stores with lines packed with dedicated smokers ready to restock themselves Sunday. Philip Morris is up $1.22 to $67.70, a gain of 1.84% on the day. Sex: Church & Dwight CHD is an interesting play for those who see a surge in sexual activity following a pent-up Lenten let-up. CHD is the maker of Trojan brand condoms, including the popular-at-Benzinga Magnum model. Trojan condoms comprise roughly 70% of the condoms sold at drugstores in America, making this an interesting play for after-Lent investing. CHD is up $0.01 to $79.69, a gain of 0.01% on the day. Fast Foods: Wendy's Arby's Group WEN offers traders an opportunity to possibly cash in on the fast-food binging that comes from the end of Lent. Wendy's chocolate frosties and Arby's chocolate shakes offer double temptation for those who gave up fast food and chocolate for Lent this year. WEN is down $0.06 to $4.69, a loss of 1.26% on the day. Video Games: Activision Blizzard ATVI knows it has a corner on the popular MMO-market, featuring video game giants World of Warcraft and Starcraft among its many titles. If you have ever seen anyone addicted to Activision's cartoony, elf-slaying timesinks, you will know know that making it all 40 days of Lent was unlikely. The odds are good that these folks have already resubscribed and are waiting for midnight Saturday to log in and destroy dragons. ATVI is even on the day, holding at $11.29.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: NewsFuturesMediaTrading IdeasConsumer DiscretionaryConsumer StaplesHome Entertainment SoftwareHousehold ProductsInformation TechnologyRestaurantsTobacco
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!