If you're an ASX investor like myself, you may be wondering which ASX shares benefit the most from Australia Day.
Here are some of my top picks that I think could get a boost from the nation's long weekend.
Harvey Norman Holdings Ltd (ASX: HVN)
For many Australians, there's nothing more iconic than an Australia Day weekend BBQ with the triple j Hottest 100 playing.
I think Harvey Norman could receive a real boost here, as a diversified whitegoods and electronics retailer. There's the potential for higher sales in a number of areas for those partaking in the weekend's festivities.
More radio and speaker sales are always a possibility when it comes to the long weekend. On top of that, more BBQ and other kitchenware sales could provide a boost to Harvey Norman.
I think the diversified retailer could be one of the top ASX shares to benefit from the Australia Day holiday.
Woolworths Group Ltd (ASX: WOW)
If you're planning a gathering at any point this weekend, then the Aussie BBQ spread is absolutely front of mind.
I think Woolworths is one of those ASX shares to benefit from Australia Day, alongside fellow supermarket giant Coles Group Ltd (ASX: COL).
As hungry Aussies load up on food and drinks for the long weekend, I'd expect these 2 supermarkets to cash in with higher sales volume.
Qantas Airways Ltd (ASX: QAN)
The long weekend isn't just a time to have a BBQ or a few drinks, but also a chance to get things done.
That could be getting those house renovations done, getting your shopping done or even taking a trip away.
I think Qantas is one of those ASX shares that could cash in on the Australia Day long weekend. With Aussies everywhere either getting away or heading home for the long weekend, the national flag carrier could be in the box seat to benefit.
