Industry anaylsis

[jamur87]

Hi everyone. I have been reading this forum for a few months now and find it very helpful. I am fairly new to investing (Jan06) and I had a question about industry anaylsis. When companies or certain sectors are mentioned on Cramer's show or even in this forum, is there a way to find other lesser known companies in the same sector that i might be able to play off of (an example would be finding another titanium manufacturer besides ATI)? I've seen lists of symbols divided into different sectors but that seemed like a waste of time having to go through every symbol to find a decent company. How do you guys discover these lesser known companies? I don't mind doing the work and going through all the symbols in a sector but I would think there has to a more efficent way. I am trying to hone my research skills and gain more knowledge so I can keep up with you guys. :lol:

[InvestingMoron]

Use ShareBuilder's stock research tool, you can search by sector and there are alot of picks.

[jamur87]

Thanks for the response. I'll take a look at the site.

[madcowdisease]

Hi everyone. I have been reading this forum for a few months now and find it very helpful. I am fairly new to investing (Jan06) and I had a question about industry anaylsis. When companies or certain sectors are mentioned on Cramer's show or even in this forum, is there a way to find other lesser known companies in the same sector that i might be able to play off of (an example would be finding another titanium manufacturer besides ATI)? I've seen lists of symbols divided into different sectors but that seemed like a waste of time having to go through every symbol to find a decent company. How do you guys discover these lesser known companies? I don't mind doing the work and going through all the symbols in a sector but I would think there has to a more efficent way. I am trying to hone my research skills and gain more knowledge so I can keep up with you guys. :lol:

If you're looking for titanium try TIE. It's had a good run but looks to be pulling back.

[optimus25]

www.clearstation.com is a free site to check out other companies in the same industry. MSN research also has a similar feature.

[NINOHERO]

Look at the stock TICKER on Yahoo Finance. On the left hand side there is a link to competitors. And then look up eack of the competitors and click the link for competitors. This will give you a pretty broad look at the field and you can narrow down fron there after looking at the profile for each competitor.

[Mad Money Machine]

Using Internet Explorer, try moneycentral.msn.com and on the left side, click on Stock Research then again on the left Stock Screener. Or just use this link (http://moneycentral.msn.com/investor/finder/customstocks.asp)directly.

You can add a criteria such as "Industry Name" = Drugs->Biotechnology and hit Run Search and you'll see them all come up. At the top right increase it from 25 matches to 200 matches to get them all.

I just ran it and got 180 biotech companies in the list, from Abgenix AGBX to Zonagen ZONA.

I reviewed the MS Stock Screener on my show MMM-002. Check it out on iTunes: look for Mad Money Machine podcast or just go to http://MadMoneyMachine.com

[the_menace]

For some reason since I used yahoo! finance most of the time for looking up quotes and news, I find their HTML stock screener (http://screen.finance.yahoo.com/stocks.html) better than any site except for Morningstar (http://www.morningstar.com/Cover/Stocks.html?pgid=hetabstocks) which also gives you a good screener (http://screen.morningstar.com/StockSelector.html?ssection=StockScreener). And also, if you want to go deep into technical analysis, Stock charts (http://stockcharts.com/def/servlet/SC.scan?) has a good pre-defined screener as well. I think I'm getting carried away now! ;)