The strongest performing Financials company in Indiana was Simon Property Group Acquisition Holdings Inc. (SPGS:NYQ), sitting 1,149.7 percent higher to sell at $9.78.
American Acquisition Opportunity Inc. (AMAO:NAQ) fared the worst among Indiana companies, suffering a 96.7 percent drop to $10.13.
Among Corydon companies, First Capital Inc. (FCAP:NAQ) saw the biggest fall in value of 62.6 percent on May 26.
The Consumer Staples sector was the daily best-performing sector on the market.
Financials 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 Staples | 5% | 657.7% | -96.9% |
| Basic Materials | 4.7% | 484.9% | -99.9% |
| Consumer Discretionary | 3.1% | 36,525% | -98.8% |
| Industrials | 2.3% | 2,031% | -99.1% |
| Telecommunications | 2.1% | 800% | -91.0% |
| Technology | 1.8% | 3,862.5% | -97.0% |
| Energy | 1.5% | 356.3% | -99.5% |
| Real Estate | 0.7% | 941.1% | -95.0% |
| Health Care | 0.6% | 1,830.1% | -99.3% |
| Utilities | 0.6% | 157.7% | -88.0% |
| Financials | -1.7% | 122,652.8% | -100.0% |