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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“Remember, things are never clear until it’s too late.”; Peter Lynch, One Up On Wall Street
“Remember, things are never clear until it’s too late.”; Peter Lynch, One Up On Wall Street