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Okay of the 11 GICS sectors, give me examples of what you think some of these companies should be classified as.
by smabie 6y ago
Okay of the 11 GICS sectors, give me examples of what you think some of these companies should be classified as.
- vharuck 6y agoIn addition to information technology, because a lot of them also offer cloud computing or other kind of developer-targeted services: Apple: Consumer discretionary (electronics) Alphabet: Communication services (advertising and fiber networks), health care (mostly research), financials (investing), whatever urban planning is classified under, Amazon: Consumer discretionary (retail), consumer staples (food) Microsoft: Industrials (office services), communication services Facebook: Communication services (chat apps and advertising) I could be totally off base, and investors do ignore the "tech" label. But from what I've heard in the news and seen in discussions, it doesn't seem so.