Value of Columbus-based Industrial Engineering company Cummins Inc. (CMI:NYQ) fell 23.3% on Sept. 14

Value of Columbus-based Industrial Engineering company Cummins Inc. (CMI:NYQ) fell 23.3% on Sept. 14

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The value in Industrial Engineering stocks rose 0.6 percent on Sept. 14 from the previous day.

The strongest performing Industrial Engineering company in Indiana was Hillenbrand Inc. (HI:NYQ), sitting 40.4 percent higher to sell at $39.45.

Cummins Inc. (CMI:NYQ) fared the worst among Indiana companies, suffering a 23.3 percent drop to $213.26.

Among Columbus companies, Cummins Inc. (CMI:NYQ) saw the biggest fall in value of 23.3 percent on Sept. 14.

The Tobacco industry was the daily best-performing industry on the market. The market is divided into 45 different industries.

Household Goods and Home Construction was the worst-performing industry.

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.

Individual companies can have several different types of shares across many stock markets. It is possible for different types of shares to see different results on the market.

Rank of stock market industries on Sept. 14

Industry% ChangeHighest Positive ChangeLargest Negative Change
Tobacco42.5%570.2%-100%
Life Insurance11.5%5,529,727.5%-63.3%
Travel and Leisure11%61,209,822.3%-100%
Leisure Goods9.4%36,223,553.4%-100%
Personal Goods6.2%173,326,909.2%-100%
Construction and Materials4.3%114,537,092.9%-100%
Mortgage Real Estate Investment Trusts2.5%1,028.2%-100%
Software and Computer Services2.2%162,774,182%-100%
Oil, Gas and Coal1.6%1,111,859,846.8%-100%
Real Estate Investment Trusts1.6%38,903,861.4%-99.9%
Medical Equipment and Services1.5%932,048.8%-100%
Consumer Services1.4%13,097,190.2%-97.5%
Retailers1.4%54,325,467.1%-100%
Electricity1.3%1,496.1%-97.8%
Alternative Energy0.9%228,437.2%-91.8%
Personal Care, Drug and Grocery Stores0.7%4,637,283.6%-100%
Industrial Engineering0.6%111,260,015.6%-100%
Open End and Miscellaneous Investment Vehicles0.5%58,015,809.1%-100%
Telecommunications Equipment-0.4%7,010,467.7%-41.6%
Precious Metals and Mining-1.1%1,006,927.2%-99.2%
General Industrials-1.5%89,157,975.9%-98.7%
Industrial Materials-1.5%1,337,593.3%-46.1%
Pharmaceuticals and Biotechnology-1.6%102,633,326.7%-100%
Closed End Investments-1.9%50,454,614.2%-99.9%
Non-life Insurance-2.5%67,947,768%-100%
Real Estate Investment and Services-3%3,277,921.2%-69.6%
Telecommunications Service Providers-3.3%131%-81.1%
Chemicals-4%13,125,652.4%-100%
Gas, Water and Multi-utilities-4.2%48,737,502.5%-57.4%
Aerospace and Defense-4.5%103,371,083.7%-100%
Electronic and Electrical Equipment-6.3%133,642,573.5%-100%
Food Producers-7.4%510,276,196.9%-100%
Investment Banking and Brokerage Services-7.7%5,425,769.8%-100%
Industrial Support Services-8.2%30,472,747.4%-86.9%
Health Care Providers-9.5%9,071,758.8%-100%
Automobiles and Parts-9.7%2,316,774.3%-94.4%
Media-10.3%44,801,994.9%-100%
Technology Hardware and Equipment-10.6%6,637,400%-99.3%
Finance and Credit Services-12.3%56,213,967.3%-40.8%
Industrial Transportation-13.9%1,786,341.5%-100%
Waste and Disposal Services-14.3%994%-94.7%
Beverages-16.6%4,006,489.4%-60.9%
Banks-18.2%679,139,900%-89.5%
Industrial Metals and Mining-27.7%2,322,679.5%-98.9%
Household Goods and Home Construction-78.3%31,576,890.4%-97.1%

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