The strongest performing Financials company in Indiana was American Acquisition Opportunity Inc. (AMAO:NAQ), sitting 3,289.2 percent higher to sell at $10.1.
OneMain Holdings Inc. (OMF:NYQ) fared the worst among Indiana companies, suffering a 100 percent drop to $44.
Among Corydon companies, First Capital Inc. (FCAP:NAQ) saw the biggest fall in value of 39.5 percent on June 2.
The Health Care sector was the daily best-performing sector on the market.
Basic Materials 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 |
---|---|---|---|
Health Care | 6.4% | 2,119.7% | -100.0% |
Telecommunications | 6.2% | 7,402.9% | -100.0% |
Financials | 5% | 390,304.8% | -100.0% |
Technology | 4% | 30,801.6% | -100.0% |
Industrials | 2.6% | 3,625.5% | -100.0% |
Consumer Discretionary | 1.3% | 1,490% | -100.0% |
Utilities | 0.8% | 257.4% | -100.0% |
Real Estate | 0.7% | 3,217.8% | -100.0% |
Energy | 0.6% | 1,196.2% | -100.0% |
Consumer Staples | -1.0% | 2,975% | -100.0% |
Basic Materials | -2.0% | 1,646.1% | -100.0% |