The strongest performing Financials company in Indiana was Richmond Mutual Bancorporation Inc. (RMBI:NAQ), sitting 1,218.3 percent higher to sell at $15.
Simon Property Group Acquisition Holdings Inc. (SPGS:NYQ) fared the worst among Indiana companies, suffering a 96.2 percent drop to $9.78.
Among Huntington companies, Northeast Indiana Bancorp Inc. (NIDB:QBB) saw the highest rise in value of 178.7 percent on May 25.
The Consumer Discretionary 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 |
---|---|---|---|
Consumer Discretionary | 3.4% | 4,111.5% | -100.0% |
Energy | 2.9% | 4,306% | -100.0% |
Technology | 2.2% | 368.7% | -100.0% |
Real Estate | 1.2% | 216% | -100.0% |
Basic Materials | 1.2% | 1,190.8% | -100.0% |
Financials | 0.6% | 812,250.6% | -100.0% |
Industrials | 0.5% | 7,200% | -100.0% |
Health Care | 0.4% | 1,244.7% | -100.0% |
Telecommunications | -1.0% | 4,890.1% | -100.0% |
Utilities | -1.1% | 2,523.1% | -100.0% |
Consumer Staples | -1.5% | 22,059.1% | -100.0% |