The strongest performing Industrials company in Indiana was Infrastructure and Energy Alternatives Inc. (IEA:NAQ), sitting 93.1 percent higher to sell at $6.99.
Cummins Inc. (CMI:NYQ) experienced the smallest increase in share price among Indiana companies, rising 22.9 percent to sell at $199.44.
Among Batesville companies, Hillenbrand Inc. (HI:NYQ) saw the highest rise in value of 74.8 percent on May 12.
The Telecommunications sector was the daily best-performing sector on the market.
Basic Materials 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 | 4.8% | 511.7% | -97.6% |
Health Care | 1.4% | 6,202.6% | -100.0% |
Real Estate | 0.6% | 1,350.4% | -83.7% |
Financials | 0.5% | 1,079,947.2% | -100.0% |
Technology | 0.4% | 6,546.2% | -99.4% |
Consumer Staples | -0.2% | 1,199.6% | -96.7% |
Industrials | -0.3% | 5,986.7% | -95.1% |
Energy | -0.4% | 647.2% | -99.9% |
Utilities | -1.2% | 4,456.1% | -86.4% |
Consumer Discretionary | -1.6% | 7,865.7% | -100.0% |
Basic Materials | -2.6% | 10,377.5% | -85.3% |