- CCL Industries Inc. Unlimited Class B Non-Voting Shares (CCL.B)
- Maxar Technologies Inc. (MAXR)
- FirstService Corporation (FSV)
- Magna International Inc. (MG)
Q: I want to re-balance my portfolio across sectors but I found that a few holdings can fit more than one sector for all practical purposes.
CCL.B is classified as materials, but can we also consider it as consumer goods given its labeling and container products directly serve the retail market? If so would that be c. cyclical or non-cyclical?
MG is classified as c. cyclical, but can we also consider it as industrial?
I have a hard time with FSV which is classified as financial, but to me consumer non-cyclical (recurrent residential residential/condo maintenance fees, property services) is a better fit.
Finally, how about MDA? Can it be considered either technology or telecommunications?
Thank you for validating the above, it will be useful to explore my options.
CCL.B is classified as materials, but can we also consider it as consumer goods given its labeling and container products directly serve the retail market? If so would that be c. cyclical or non-cyclical?
MG is classified as c. cyclical, but can we also consider it as industrial?
I have a hard time with FSV which is classified as financial, but to me consumer non-cyclical (recurrent residential residential/condo maintenance fees, property services) is a better fit.
Finally, how about MDA? Can it be considered either technology or telecommunications?
Thank you for validating the above, it will be useful to explore my options.