Go to http://finance.yahoo.com and click on Screeners and then Equity Screeners. If you click on Add More Screeners you will find an extensive list of potential characteristics. Choose beta, and search for firms with betas less than 0.2. In what industries do these firms tend to operate?
Now repeat and select firms with betas above 1.2. Do the industries containing high-
versus low-beta firms match up with your intuition about which industries would be likely to be more cyclical?