The strongest performing Financials company in Indiana was Simon Property Group Acquisition Holdings Inc. (SPGS:NYQ), sitting 7,983.1 percent higher to sell at $9.75.
Mid-Southern Bancorp Inc. (MSVB:NAQ) fared the worst among Indiana companies, suffering an 83.8 percent drop to $13.18.
Among Corydon companies, First Capital Inc. (FCAP:NAQ) saw the highest rise in value of 0.4 percent in the week ending May 21.
The Telecommunications sector was the week’s best-performing sector on the market. The market is divided into 11 different sectors.
Consumer Discretionary 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 |
|---|---|---|---|
| Telecommunications | 2.8% | 15,300.5% | -84.3% |
| Energy | 2.5% | 117,405,374.5% | -97.9% |
| Health Care | 0.9% | 24,737,212% | -100.0% |
| Utilities | 0.8% | 250,620,589.7% | -81.3% |
| Financials | -0.5% | 1,345,060.6% | -100.0% |
| Basic Materials | -0.9% | 5,410.1% | -98.3% |
| Industrials | -2.4% | 8,212,031.2% | -89.6% |
| Technology | -3.1% | 208,832,898% | -96.6% |
| Real Estate | -3.5% | 157,879,758.7% | -89.0% |
| Consumer Staples | -4.1% | 376.9% | -96.7% |
| Consumer Discretionary | -5.8% | 17,974,969.3% | -100.0% |