Identify the industry classification system that you relied upon to classify your companies.
Difference between Industry and SectorLinks to an external site. – https://www.investopedia.com/ask/answers/05/industrysector.asp#:~:text=Industry%20refers%20to%20a%20much,share%20a%20similar%20business%20type.
Industry at a Glance on U.S. Bureau of Labor StatisticsLinks to an external site – https://www.bls.gov/iag/home.htm
Dun & Bradstreet Industry DirectoryLinks to an external site. – https://www.dnb.com/business-directory.html#BusinessDirectoryPageNumber=1&ContactDirectoryPageNumber=1&MarketplacePageNumber=1&SiteContentPageNumber=1&tab=Business%20Directory
Standard and Poor’s Global RatingsLinks to an external site. – https://www.spglobal.com/ratings/en/
Mergent Online via the University Library Database which provides a classification search among the following industry classifications: Primary SIC, Primary NAICS, or MIC (Mergent Industry Code). (See naics.com/searchLinks to an external site. for lists of SIC and NAICS industry codes.)
Identify 5 industries that you believe will most likely prosper in terms of sales and profits in the next 12 months based on your analysis of the economy, industry life-cycle stage, and economic and competitive structures. Explain the basis for your choice.
By the due date indicated, create your initial post to explain the basis for your choice of the 1 industry that you expect to prosper most in the next 12 months
In this assignment, you are asked to complete the first two steps of a three-step, top-down valuation process for equity securities. Specifically, you are asked first to forecast the performance of the U.S. economy based on such macroeconomic variables as gross domestic product, inflation, and interest rates, over the next twelve months and its likely cyclical movement.
In the second step you are asked to identify 5 industries that are likely to prosper relative to other industries in the projected economic environment. The third and final step is the subject of the subsequent assignment: Initial Stock Portfolio-Individual, in which you are asked to select undervalued firms in the 5 industries.
