The strongest performing Financials company in Indiana was Monument Circle Acquisition Corp. (MON:NAQ), sitting 39,684.3 percent higher to sell at $9.82.
Richmond Mutual Bancorporation Inc. (RMBI:NAQ) fared the worst among Indiana companies, suffering a 93.3 percent drop to $15.28.
Among Corydon companies, First Capital Inc. (FCAP:NAQ) saw the biggest fall in value of 48.3 percent in the week ending May 28.
The Energy sector was the week’s best-performing sector on the market. The market is divided into 11 different sectors.
Health Care 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 |
|---|---|---|---|
| Energy | 11.4% | 992,637,435.8% | -93.8% |
| Consumer Discretionary | 9.5% | 1,067,142,757.1% | -99.2% |
| Telecommunications | 8.7% | 10,628,222.4% | -97.0% |
| Consumer Staples | 8.1% | 183,162,222.8% | -100.0% |
| Industrials | 7.9% | 72,188,559.1% | -100.0% |
| Basic Materials | 7.4% | 668,237,811.3% | -98.5% |
| Technology | 7.1% | 50,406,769% | -97.4% |
| Real Estate | 6% | 513,942,012.9% | -94.6% |
| Financials | 4.9% | 641,728,426% | -100.0% |
| Utilities | 4.1% | 181,710,676.4% | -82.9% |
| Health Care | 3.7% | 102,302,339% | -99.5% |