Investor's Business Daily overhauls section, stock listings
Investor’s Business Daily has made a number of changes to its Making Money section, including a new font for its stock listings and a number of new columns, according to a story in Tuesday’s paper.
The biggest change is an overhaul of its stock pages that now list stocks based on industry. (See chart at the bottom)
Executive editor Chris Gessel wrote, “The biggest and most innovative changes are found in the stock tables, now more accurately called IBD’s NYSE+Nasdaq Research Tables. The tables combine the New York and Nasdaq exchanges into one efficient list that we sort first by 33 broad economic sectors, then by the most powerful stocks in a sector, followed by the rest of the sector’s stocks.
“Industry strength is a key element of any winning stock and successful investing. You want to own the strongest stocks in the strongest industry groups.
“A few years ago home builders stood tall. Then energy shone. Last year saw a mix of old and new: fertilizer stocks and Internet companies.
“Medical firms now lead the market, although in a more defensive mode as the main indexes search for a bottom in the correction.”
Read more here.