Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Shares of liquid natural gas transporter Golar LNG
So what: Though there's no news from Golar today, a couple of external events may be pushing the stock up. In broader shipping news, Kirby
Now what: Depending on how the nuclear situation in Japan resolves, there could be a longer-term benefit for Golar and the natural gas industry in general if the scare prompts Japan and other countries around the world to de-emphasize nuclear energy and increase usage of natural gas. Golar's stock has been on a huge run since late last year, which makes it decidedly less attractive than it was, but many investors will no doubt still be drawn to the healthy 5.6% dividend yield.
Want to keep up to date on Golar? Add it to your watchlist.