Value of Batesville-based Industrials company Hillenbrand Inc. (HI:NYQ) rose 37.1% in week ending April 9

Value of Batesville-based Industrials company Hillenbrand Inc. (HI:NYQ) rose 37.1% in week ending April 9

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Value in Industrials stocks rose 4.1 percent in the week ending April 9 from the previous week.

The strongest performing Industrials company in Indiana was Infrastructure and Energy Alternatives Inc. (IEA:NAQ), sitting 186.7 percent higher to sell at $12.51.

Cummins Inc. (CMI:NYQ) experienced the smallest increase in share price among Indiana companies, rising 4.2 percent to sell at $194.69.

Among Batesville companies, Hillenbrand Inc. (HI:NYQ) saw the highest rise in value of 37.1 percent in the week ending April 9.

The Consumer Staples sector was the week’s best performing sector on the market. The market is divided into 10 different sectors.

Energy was the worst performing sector.

Healthcare and technology stocks are viewed as the safest bets for long-term gains.

Besty Kuekcer with Benzinga.com said healthcare-related stocks, such as hospital conglomerates and insurance companies, have weathered numerous economic crises and still make a profit, suggesting that they are generally a stable investment.

While technology stocks can be more risky, given the boom-bust nature of new tech companies, Kuecker recommended a diverse portfolio of tech companies to strike it big when companies succeed or sell to other larger companies.

For short-term investments, Kuecker recommended “consumer discretionary” stocks, which are sensitive to economic changes but can rise greatly on the back of a strong economy.

Nothing in this article is to be assumed as financial advice.

Rank of stock market sectors in week ending April 9

Sector% ChangeHighest Positive ChangeLargest Negative Change
Consumer Staples2.4%31,021,611.4%-97.8%
Utilities0.2%9,770.6%-91.4%
Financials-0.8%522,603.1%-100%
Consumer Discretionary-1.7%3,752.2%-98.5%
Basic Materials-1.8%1,658.2%-88%
Telecommunications-2.1%3,331.4%-82.2%
Real Estate-2.2%2,101.7%-96.5%
Industrials-4.1%25,750.1%-99.4%
Technology-5.9%1,348.3%-99.2%
Energy-7.9%3,027.7%-96.7%

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