11 Sectors In Investment
Photo by Patrick Weissenberger on Unsplash Investing in the stock market can be overwhelming for many people, especially when it comes to selecting individual stocks to invest in. I was especially confused as to how many sectors there are. As you read up on some sorts of reports, very often there is a sector name written on top of the company name. This made me wonder how many total sectors there are in investment. Knowing sectors can help in terms of searching for companies that you intend to invest in. It also helps in doing research such as comparing companies of the same sectors to figure out whether the company of interest is actually doing alright or bad as compared to its peers for example. During my initial search, I couldn’t find the exact list somehow, until I chanced upon GICS. There is a classification system that helps categorize stocks into different sectors based on their business activities. This system is called the Global Industry Classification Standard (GICS), whic...