The strongest performing Consumer Discretionary company in Indiana was Noble Roman's Inc. (NROM:QBB), sitting 33.3 percent higher to sell at $0.2501.
KAR Auction Services Inc. (KAR:NYQ) fared the worst among Indiana companies, suffering a 34.1 percent drop to $12.53.
Among Evansville companies, Escalade Inc. (ESCA:NMQ) saw the biggest fall in value of 16.1 percent on May 10.
The Energy sector was the daily best-performing sector on the market.
Consumer Staples 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 |
---|---|---|---|
Energy | 1.2% | 1,177.7% | -99.1% |
Health Care | 1.1% | 21,828.3% | -99.3% |
Basic Materials | 0.9% | 440.7% | -98.3% |
Financials | 0.7% | 187,700% | -99.9% |
Consumer Discretionary | -0.4% | 7,502% | -99.3% |
Telecommunications | -0.6% | 797.4% | -86.1% |
Real Estate | -1.3% | 374.8% | -81.1% |
Consumer Staples | -1.6% | 930% | -90.3% |