Staying on top of your stock's industry news and trends will make you a better investor. Here's where to find that info.
GalaxoSmithKline's once promising new heart drug, Darapladib, flunked its FDA mandated tests, killing its future prospects. Besides for market moving news such as the Darapladib debacle, Biotech features in-depth commentary about happenings in biotech and the pharmaceutical business. If you invest in this category, check out Clinical Trial News accessed from the News section. Phase III trials (final phase) results often provoke big stock moves in both directions.
Capital Link Marine Transportation (marine-transportation.capitallink.com/)
"The darkest days of the downturn in the containership segment appear to be behind us." This recent quote from the CEO of a container shipping company, found in Capital Link's Latest News section, could be worth money to container ship investors. Capital Link's Media Interviews, most featuring shipping industry CEOs, are equally informative. The Maritime Indices section shows current and historical charter day rates for dry-bulk and crude oil tankers. These are the numbers that heavily influence ship owners' profit margins.
Edmunds Industry Center (edmunds.com/industry-center)
Large vehicle sales are up while small car sales are falling. Also, growing inventories are driving used-car sales down. Further, more new car buyers are choosing to lease instead of purchase. Edmunds is the go-to site for auto industry information that could help you make better decisions.
Energy Information Administration (www.eia.doe.gov)
This U.S. government agency site has all sorts of data about petroleum, natural gas, and electricity production. Data you might find useful includes current and historical coal, crude oil, natural gas, gasoline and heating oil prices. The site also offers historical and forecast energy consumption numbers through 2040.
Energy Pulse (www.energypulse.net/centers)
Provides in-depth commentary on the energy industry. For instance, a lengthy May 8 article tells you more than you want to know about hydraulic fracturing (fracking), and why you shouldn't stay up nights worrying about it.
Farm Industry News (www.farmindustrynews.com)
Think farming is boring? Not any more. Think about employing satellite imagery, drones, robot weeding systems, high-speed planters, and much more. It's all explained in Farm Industry News.
Food Navigator.com (www.foodnavigator-usa.com)
Organic food sales are soaring, food supplement makers are switching to non-GMO ingredients, whole grains reduce inflammation in overweight children, and "Newmans' Own" has started making 'Greek yogurt,' which is a fast growing food category. Food Navigator covers the food industry, often from a science and nutrition perspective.
Insurance Journal (www.insurancejournal.com)
Fewer consumers shopped online for new auto insurance in 2013 than the year before, and 2012 was down from 2011. Translated, that means higher percentages of consumers are satisfied with their current insurance providers. That's the kind of information you'll find in Insurance Journal, which covers the insurance industry and its suppliers.
National Real Estate Investor (www.nreionline.com)
Office leasing activity in San Francisco increased by 25% in January through March of this year. That information should help real estate investment trust (REIT) investors determine which office REITs are going to outperform. Besides for office properties, National Real Estate Investor covers all commercial real estate property types including industrial, medical, retail, and lodging.
Oil & Gas Journal (www.ogj.pennnet.com)
Publicly traded oil and natural gas producer Encana (NYSE:ECA) developed new techniques for shale drilling for one of its British Columbia properties that the company described as a "game changer." This is news that energy investors should be able to put to good use. Oil & Gas Journal is chuck full of news and research about all facets of the oil and gas industry.
The Register (www.theregister.co.uk)
This U.K. based site's logo "Biting the hand that feeds it," describes its intentionally provocative approach. The Register covers technology with mostly original stories. Not a techie magazine, it focuses on the business side of the industry. The Register is always interesting, even if it sometimes gets it wrong.
Transport Topics (www.ttnews.com)
Truck shipment volumes are increasing while gasoline and diesel prices are dropping. These events should translate to higher profits for truck operators. Transport Topic is the place to keep up with news affecting the trucking industry.
These are the industry sites that I have room to describe here. Click here for more from my Winning Investing site.
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.