The strongest performing Financials company in Indiana was Monument Circle Acquisition Corp. (MON:NAQ), sitting 956.8 percent higher to sell at $9.82.
Simon Property Group Acquisition Holdings Inc. (SPGS:NYQ) fared the worst among Indiana companies, suffering a 56.1 percent drop to $9.78.
Among Corydon companies, First Capital Inc. (FCAP:NAQ) saw the highest rise in value of 219.8 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% |