The strongest performing Financials company in Indiana was First Savings Financial Group Inc. (FSFG:NAQ), sitting 347.4 percent higher to sell at $24.29.
Simon Property Group Acquisition Holdings Inc. (SPGS:NYQ) fared the worst among Indiana companies, suffering an 88.3 percent drop to $9.76.
Among Corydon companies, First Capital Inc. (FCAP:NAQ) saw the biggest fall in value of 6.9 percent in the week ending May 14.
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.
| Sector | % Change | Highest Positive Change | Largest Negative Change |
|---|---|---|---|
| Consumer Staples | 1.3% | 335,348,389% | -96.7% |
| Telecommunications | 0.2% | 193,001,042.5% | -83.0% |
| Consumer Discretionary | -0.5% | 695,786,897.4% | -87.7% |
| Real Estate | -1.8% | 144,072,689% | -88.9% |
| Technology | -2.7% | 696,541,402% | -95.1% |
| Basic Materials | -3.0% | 341,638,251.6% | -70.9% |
| Industrials | -3.2% | 444,038,984.4% | -95.3% |
| Financials | -3.7% | 611,164,975% | -100.0% |
| Health Care | -5.1% | 678,563,155.8% | -97.3% |
| Energy | -5.5% | 416,219,371.9% | -84.0% |