The strongest performing Financials company in Indiana was First Savings Financial Group Inc. (FSFG:NAQ), sitting 138.4 percent higher to sell at $24.29.
First Bancorp of Indiana Inc. (FBPI:PKC) fared the worst among Indiana companies, suffering a 95.2 percent drop to $21.75.
Among Corydon companies, First Capital Inc. (FCAP:NAQ) saw the highest rise in value of 14.1 percent on May 13.
The Technology sector was the daily best-performing sector on the market.
Industrials 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 |
---|---|---|---|
Technology | 6.8% | 4,109.1% | -98.7% |
Energy | 5.4% | 896.7% | -92.7% |
Financials | 3.9% | 181,194.4% | -99.9% |
Health Care | 3.4% | 45,584.4% | -100.0% |
Consumer Discretionary | 3% | 15,519% | -90.8% |
Telecommunications | 2.6% | 515.2% | -83.0% |
Basic Materials | 2.3% | 21,875% | -89.6% |
Real Estate | 2.1% | 6,772.3% | -88.6% |
Utilities | 2.1% | 964.7% | -92.6% |
Consumer Staples | 1.5% | 2,593% | -86.4% |
Industrials | 1.5% | 15,104.2% | -99.3% |