Independence Day: 5 Stocks For The Fourth

This is Independence Day weekend, when America celebrates its independence from England. The tradition of this weekend is grilling some hamburgers, hot dogs, corn, and enjoying a couple of beers. This weekend is a “gorgefest,” when we celebrate out independence by packing on a few lbs. From fireworks to frankfurters to fish on the grill, this weekend is all about celebrating and enjoying life.

So why not celebrate the Fourth of July with a few stock picks as well?

Names like Anheuser-Busch InBev NV (NYSE: BUD), Boston Beer (NYSE: SAM), Pepsi (NYSE: PEP) and The Home Depot, Inc. (NYSE: HD) may benefit this weekend. Budweiser and Boston Beer will benefit as party-goers drink Budweiser, and Sam Adams beer to go along with their hot dogs and hamburgers. Pepsi is also likely to benefit, as mass quantities of soda, Doritos, and potato chips are eaten. (Pepsi owns Frito-Lay, which makes Doritos and Lay's potato chips.

This weekend, I will be going long Bud Light, Doritos, hamburgers, and short the scale industry.

Home Depot is also likely to benefit, as the grill gets lit and fired up. If you don't already have a grill, now is the time to buy one, just in time for the holiday.

Hormel Foods Corporation (NYSE: HRL) is also likely to benefit, as consumers buy its fresh meats, sausages, hams, wieners, and bacon.

Let us celebrate our nation's birthday with some friends, barbecues, good food, and perhaps even a few more dollars in our portfolios.