Start with the sector
/ar/stocks/sectorsA portfolio does not start with a stock whose name you heard, but with a sector you chose. Eleven sectors, each with a market-cap-weighted score, seven factors, and a median multiple you compare against its own history.
The white line marks the average score (68.1) · the number beside the score is the stock count
Sector | Score | P/E | Market Cap |
|---|---|---|---|
| Energy | 86 | 15.1 | $5.3T |
| Technology | 82 | 29.2 | $22.8T |
| Communication Services | 80 | 19.0 | $11.9T |
| Healthcare | 76 | 25.7 | $9.7T |
| Basic Materials | 75 | 19.0 | $3.3T |
| Consumer Defensive | 71 | 19.4 | $4.8T |
| Financial Services | 71 | 12.2 | $15.4T |
| Industrials | 58 | 24.4 | $9.0T |
| Consumer Cyclical | 57 | 17.3 | $8.8T |
| Real Estate | 53 | 22.7 | $1.7T |
| Utilities | 40 | 19.8 | $2.1T |
In chapter one you pick four to six of these sectors and write a target weight for each — before opening a single stock page. And you learn why sector scores sit in a narrow band, and how to read cheap-or-expensive against the sector's own median rather than the market's.