10-27-2014, 02:02 PM
Generally I use what's on the S&P data sheet available from my brokerage. Then I adjust as necessary to make sense just a you mentioned with CVX. They're an energy stock in my book same as the drillers and pipelines. I don't know what would classify as an energy company if you took out the aforementioned and included them in basic materials. Utes have their own classification so it's not them. Solar?
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“While the dividend itself is merely a rearrangement of equity, over time it's more like owning an apple tree. The tree grows the apples back again and again and again, and the theoretical value of the tree doesn't change just because of when the apples are about to fall.” - earthtodan
“While the dividend itself is merely a rearrangement of equity, over time it's more like owning an apple tree. The tree grows the apples back again and again and again, and the theoretical value of the tree doesn't change just because of when the apples are about to fall.” - earthtodan