Value of Batesville-based Industrials company Hillenbrand Inc. (HI:NYQ) fell 27.9% on June 1

Value of Batesville-based Industrials company Hillenbrand Inc. (HI:NYQ) fell 27.9% on June 1

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Value in Industrials stocks fell 0.4 percent on June 1 from the previous day.

The strongest performing Industrials company in Indiana was Berry Global Group Inc. (BERY:NYQ), sitting 51.2 percent higher to sell at $57.9.

Hillenbrand Inc. (HI:NYQ) fared the worst among Indiana companies, suffering a 27.9 percent drop to $42.17.

Among Batesville companies, Hillenbrand Inc. (HI:NYQ) saw the biggest fall in value of 27.9 percent on June 1.

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 June 1

Sector% ChangeHighest Positive ChangeLargest Negative Change
Basic Materials2.9%1,495.2%-100.0%
Energy1.9%5,613.3%-100.0%
Consumer Staples0.6%1,370.7%-100.0%
Technology0.2%6,476.2%-100.0%
Industrials-0.4%7,331.2%-100.0%
Real Estate-0.5%1,658.1%-100.0%
Consumer Discretionary-0.8%16,100.8%-100.0%
Utilities-1.0%1,427%-100.0%
Financials-1.2%648,659.9%-100.0%
Health Care-1.6%7,150%-100.0%
Telecommunications-3.3%462.1%-100.0%

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