Does anyone have a good way of doing this - some other brokers have their own âoddâ sector classifications, and short of scraping exchanges, Iâm not sure the best way to get industry sector/sub sectors, etc.
Essentially Iâm looking to identify companies, and then (hopefully) easily see their peers.
I will then use this to whittle down and focus my research
I donât just want to google say âcompetitors of Microsoftâ and so on. Not a company Iâm looking at but you get the drift. I would like to apply a more logical approach if possible.
Using a stock screener to sort by the same sector and industry may be your best bet. Using MSFT as an example, you could add âTechnologyâ and âSoftware - Infrastructureâ as fields using Yahooâs free screener then add any further filters you want like marketcap etc.
As @chantal says, Simply Wall St can be good for this too. Thereâs a âcompetitorâ section on most stock pages but Iâve found it a little hit and miss at times.
