The stock market is divided into 11 market sectors based on the Global Industry Classification ... or GICS. This system, created jointly by Morgan Stanley and Standard & Poor's, sorts companies ...

The investment industry's Global Industry Classification Standard ... make it easier for investors to compare companies and evaluate securities. The GICS enjoyed wide acceptance and rapid adoption ...

According to the Global Industry Classification Standard (GICS), these stocks are less sensitive to economic cycles ... This is primarily because they are usually mature and large companies. However, ...