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Researching stocks is anything but boring. Within stocks, you can choose among 10 sectors, and each sector has multiple industries, so there is plenty of opportunity to invest in different types of stocks. Let’s look at each sector and a partial list of the industries in each.
Consumer Discretionary — Includes big-ticket items like automobiles, appliances and leisure activities. Consumers buy from these companies when feeling financially confident.
Consumer Staples — These industries include companies that manufacture and sell food and beverages. These are items we need to buy in good financial times and bad.
Energy — Retailers, transporters and refiners of oil, gas and other energy products. Also includes makers of equipment needed by these companies.
Financials — Banks, insurance companies and real estate.
Healthcare — Providers, medical equipment, biotechnology and pharmaceuticals.
Industrials — Everything from railroads and marine equipment to airlines and aerospace.
Technology — Also known as information technology, this sector includes software, hardware and equipment manufacturers.
Materials — Paper and lumber, chemicals and mining.
Telecommunications — Includes the old-guard telephone industry and today’s wireless companies.
Utilities — Electric, gas and water providers.
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Tax and Financial Solutions, Inc. and LTM Client Marketing are unrelated companies. This newsletter was created by LTM Client Marketing and was not written or created by the named financial professional and does not necessarily represent the views and opinions of Avantax Wealth Management® or its subsidiaries.
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