Indianapolis company Noble Roman's Inc. (NROM:QBB) working in Consumer Discretionary sees value rise 449% on July 7

Indianapolis company Noble Roman's Inc. (NROM:QBB) working in Consumer Discretionary sees value rise 449% on July 7

Public Policy

ORGANIZATIONS IN THIS STORY

LETTER TO THE EDITOR

Have a concern or an opinion about this story? Click below to share your thoughts.
Send a message

Community Newsmaker

Know of a story that needs to be covered? Pitch your story to The Business Daily.
Community Newsmaker

Value in Consumer Discretionary stocks rose 1.1 percent on July 7 from the previous day.

The strongest performing Consumer Discretionary company in Indiana was Noble Roman's Inc. (NROM:QBB), sitting 449 percent higher to sell at $0.1925.

KAR Auction Services Inc. (KAR:NYQ) fared the worst among Indiana companies, suffering a 24.9 percent drop to $15.83.

Among Indianapolis companies, Noble Roman's Inc. (NROM:QBB) saw the highest rise in value of 449 percent on July 7.

The Technology sector was the daily best-performing sector on the market.

Real Estate 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 July 7

Sector% ChangeHighest Positive ChangeLargest Negative Change
Technology3.5%149,233,800%-100%
Telecommunications3.2%1,215,290.7%-93.9%
Energy3.2%215,170,840.2%-100%
Industrials2.4%13,209,422.8%-100%
Consumer Staples1.7%92,169,542.9%-100%
Health Care1.4%267,011,073.2%-100%
Financials1.3%15,942,337.9%-100%
Consumer Discretionary1.1%125,446,447.9%-100%
Utilities0.6%1,400,477,010.9%-100%
Basic Materials-1%222,782,508.7%-100%
Real Estate-1%45,805,450.4%-100%

ORGANIZATIONS IN THIS STORY

LETTER TO THE EDITOR

Have a concern or an opinion about this story? Click below to share your thoughts.
Send a message

Community Newsmaker

Know of a story that needs to be covered? Pitch your story to The Business Daily.
Community Newsmaker

MORE NEWS