Value of Industrials company Hillenbrand Inc. (HI:NYQ) based in Batesville rose 107.9% on May 11

Value of Industrials company Hillenbrand Inc. (HI:NYQ) based in Batesville rose 107.9% on May 11

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Value in Industrials stocks fell 1.1 percent on May 11 from the previous day.

The strongest performing Industrials company in Indiana was Infrastructure and Energy Alternatives Inc. (IEA:NAQ), sitting 108.5 percent higher to sell at $6.79.

Berry Global Group Inc. (BERY:NYQ) experienced the smallest increase in share price among Indiana companies, rising 19.5 percent to sell at $52.88.

Among Batesville companies, Hillenbrand Inc. (HI:NYQ) saw the highest rise in value of 107.9 percent on May 11.

The Basic Materials sector was the daily best-performing sector on the market.

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 on May 11

Sector% ChangeHighest Positive ChangeLargest Negative Change
Basic Materials-0.2%13,747.9%-98.3%
Energy-0.3%1,039.2%-93.2%
Real Estate-0.9%1,138.4%-82.0%
Financials-0.9%572,434.2%-99.7%
Consumer Staples-1.0%6,743.4%-98.0%
Industrials-1.1%6,935.1%-89.9%
Consumer Discretionary-2.4%437,400%-96.7%
Health Care-2.8%5,416.5%-100.0%
Technology-3.6%1,084.1%-99.6%
Telecommunications-6.4%973.3%-99.9%

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