Value of Energy company American Resources Corp. (AREC:NAQ) based in Fishers rose 60.3% on in week ending April 23

Value of Energy company American Resources Corp. (AREC:NAQ) based in Fishers rose 60.3% on in week ending April 23

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Value in Energy stocks rose 6.1 percent in the week ending April 23 from the previous week.

The strongest performing Energy company in Indiana was Hallador Energy Co. (HNRG:NAQ), sitting 354.4 percent higher to sell at $4.14.

American Resources Corp. (AREC:NAQ) experienced the smallest increase in share price among Indiana companies, rising 60.3 percent to sell at $1.9.

Among Fishers companies, American Resources Corp. (AREC:NAQ) saw the highest rise in value of 60.3 percent in the week ending April 23.

The Real Estate sector was the week’s best performing sector on the market. The market is divided into 11 different sectors.

Telecommunications 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 23

Sector% ChangeHighest Positive ChangeLargest Negative Change
Real Estate0.4%1,079.7%-88.1%
Utilities-1.3%470.8%-90.2%
Consumer Staples-2.3%489,733.4%-97.5%
Industrials-2.7%1,905.8%-99.5%
Basic Materials-3.2%1,180%-92.3%
Financials-3.2%25,442,387.1%-99.9%
Consumer Discretionary-3.2%36,771.5%-99.4%
Energy-6.1%919.7%-97.6%
Health Care-6.6%37,541%-100.0%
Technology-7.1%2,935.5%-99.5%
Telecommunications-7.7%2,788.9%-81.5%

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