Over the past days, we have created 16 new sectors in different industry groups.
The most important change is related to stocks that do most of their business on-line.
The Internet Content includes the search engines and stocks that are difficult to categorize in other groups.
The internet Retail includes the companies that operate on-line merchant sites
The Social Media sector includes the companies that raise revenue through advertisement on their web site. It is the old "eye ball" type of business model.
Then the Software Game sector represents mostly on-line software companies.
On the Software security, we have also included companies that provide wireless security
Finally, the prototyping sector mostly represent the 3D printing stocks.
I believe that these new sectors will allow us to have a more accurate stock selection but also a better grasp when sector rotation occurs.
Pascal
PS: If you know of other stocks that trade at least 300K shares on a daily base that should be included on these groups, do not hesitate to propose them.
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