RE: US Stocks - Watchlist and Discussion (Premium)
(2014-12-22, 12:00 AM)isatrader Wrote:(2014-12-21, 11:43 PM)ksarkar77 Wrote: I wanted to find industry information on VRNS. Upon checking using your "full quote" method, nothing is being shown. How do you check industry for those?
It's a reasonably recent listing and so obviously hasn't been adding into their system yet, so the backup method is to go to the yahoo finance website and then put the stock ticker in the search, and from there it will show you it's page, on which it has a side navigation bar. Click on the one that says "Industry" and it will tell you yahoo's Sector and Subsector for it - which in the case of VRNS is Technology and Technical & System Software.
So it then takes a bit of deductive reasoning to figure out what the correct sector will be on stockcharts, by looking other stocks in that yahoo sector in the same line of business and also looking at the companies website to see what they do and news stories about the company. i.e.
What does Varonis do?
"We provide an innovative software platform that allows enterprises to map, analyze, manage and migrate their unstructured data. We specialize in human-generated data, a type of unstructured data that includes an enterprise’s spreadsheets, word processing documents, presentations, audio files, video files, emails, text messages and any other data created by employees. This data often contains an enterprise’s financial information, product plans, strategic initiatives, intellectual property and numerous other forms of vital information. Our Metadata Framework is a proprietary technology platform that extracts critical metadata, or data about data, from an enterprise’s IT infrastructure and uses this contextual information to map functional relationships among employees, data objects, content and usage. IT and business personnel deploy our software for a variety of use cases, including data governance, data security, archiving, file synchronization, enhanced mobile data accessibility and information collaboration."
So looking at that, and the main competitors like SAP, my assumption would be that the sector and subsector is Technology (XLK) and Software ($DJUSSW) on stockcharts.com
Great. Thank you. I was guessing the same, wanted to verify what is your method.
Thanks
Kuntal