The strongest performing Financials company in Indiana was Simon Property Group Acquisition Holdings Inc. (SPGS:NYQ), sitting 125,433.5 percent higher to sell at $9.8.
First Capital Inc. (FCAP:NAQ) fared the worst among Indiana companies, suffering an 84.7 percent drop to $34.8.
Among Corydon companies, First Capital Inc. (FCAP:NAQ) saw the biggest fall in value of 84.7 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.
| Sector | % Change | Highest Positive Change | Largest Negative Change |
|---|---|---|---|
| Basic Materials | 2.9% | 1,495.2% | -100.0% |
| Energy | 1.9% | 5,613.3% | -100.0% |
| Consumer Staples | 0.6% | 1,370.7% | -100.0% |
| Technology | 0.2% | 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% |