Are GPS Navigation Stocks Going Places?
Tom Konrad (AltEnergyStocks) submits:
I recently wrote how Smart Transport stocks may benefit from declining supply and increasing demand for oil. I call the application of information technology [IT] to transportation "Smart Transportation." Smart Transportation improves the function of the market for transportation services, just as the Smart Grid improves the market for electricity: by giving market participants better information and making the price of transportation better reflect the costs. Because reducing congestion also reduces fuel use at very little cost, Smart Transport stocks should benefit from peak oil.
Types of Smart Transport
