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type of industry based on stock ticker symbol

Personal Finance & Money Asked by user1050619 on September 4, 2021

Is there a way to know given a stock symbol which sector it is related to?

ie; bioscience or mining or construction or manufacturing?

For example:- if APPL is the stock how can I related that to manufacturing or finance or construction?

3 Answers

The SEC uses Standard Industrial Classification to classify each regulated company.

When you make search on EDGAR, it shows that AAPL has "SIC: 3571 - ELECTRONIC COMPUTERS".

A list of commonly used SIC is on the SEC website.

The SEC also provides an API service but I can't be sure that the SIC of the company is there.

Correct answer by base64 on September 4, 2021

No, in the US, at least, because ticker symbols are only based on the name of the company.

(Besides, big companies can be in multiple sectors; this was quite common in the "conglomeration craze" of the 1960s.)

Answered by RonJohn on September 4, 2021

Stock symbols do not reflect the sector that a company is in.

They may reflect the type of security (based on the suffix) such as the exchange it trades on, a preferred stock, a warrant or right, ADR, units, etc.

However, the screener at FINVIZ provides the sector and industry of the 7,600 stocks that is lists.

Answered by Bob Baerker on September 4, 2021

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