Value of Columbus-based Industrial Engineering company Cummins Inc. (CMI:NYQ) rose 104.6% on Sept. 16

Value of Columbus-based Industrial Engineering company Cummins Inc. (CMI:NYQ) rose 104.6% on Sept. 16

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The value in Industrial Engineering stocks fell 11.9 percent on Sept. 16 from the previous day.

The strongest performing Industrial Engineering company in Indiana was Hillenbrand Inc. (HI:NYQ), sitting 443.8 percent higher to sell at $40.08.

Cummins Inc. (CMI:NYQ) experienced the smallest increase in share price among Indiana companies, rising 104.6 percent to sell at $211.19.

Among Columbus companies, Cummins Inc. (CMI:NYQ) saw the highest rise in value of 104.6 percent on Sept. 16.

The Household Goods and Home Construction industry was the daily best-performing industry on the market. The market is divided into 45 different industries.

Telecommunications Service Providers 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. 16

Industry% ChangeHighest Positive ChangeLargest Negative Change
Household Goods and Home Construction379.1%246,788,543.5%-78.7%
Food Producers132.4%741,690,981.8%-56%
Tobacco91.2%307,450.6%-71.6%
Waste and Disposal Services70.4%613.1%-
Non-life Insurance40.9%224,069,232.3%-51.3%
Life Insurance35.6%97,271,318.3%-54.3%
Oil, Gas and Coal25.8%1,430,277,937.4%-49.7%
Leisure Goods24.8%6,966,073.4%-
Technology Hardware and Equipment24%130,417,375.7%-42.3%
Beverages16.1%26,099,965.6%-51%
Telecommunications Equipment14%6,277,192.6%-75.4%
Industrial Metals and Mining11.6%411,139,605.9%-65.3%
General Industrials6.5%83,243,385.6%-5.4%
Closed End Investments2.1%81,325,147%-79.1%
Industrial Transportation1.8%5,318,335.5%-37.7%
Gas, Water and Multi-utilities1.8%228,134,403.2%-65.5%
Medical Equipment and Services1.5%27,919,137%-98.1%
Mortgage Real Estate Investment Trusts1.4%112,999,900%-
Software and Computer Services0.7%461,370,804.3%-88.3%
Media0.2%688,878,404.7%-53.9%
Open End and Miscellaneous Investment Vehicles-0.2%10,011,390.2%-99.9%
Construction and Materials-1.3%411,378,548.1%-38.1%
Electronic and Electrical Equipment-1.8%5,605,212.7%-69.6%
Health Care Providers-5.8%179,422,785.6%-13.9%
Consumer Services-7.1%39,884,848.5%-71.3%
Banks-7.3%281,383,009.9%-94.7%
Aerospace and Defense-7.4%12,427,101.4%-62.1%
Retailers-8.6%105,414,780.4%-60.8%
Real Estate Investment Trusts-9.4%151,974,062.8%-42.8%
Electricity-10.8%212,294,072.1%-
Finance and Credit Services-10.9%23,870,667.4%-
Automobiles and Parts-10.9%3,141,747.9%-31.4%
Pharmaceuticals and Biotechnology-11.2%213,143,222.5%-85.9%
Industrial Engineering-11.9%171,833,529.9%-
Personal Care, Drug and Grocery Stores-12.6%22,510,590.2%-
Travel and Leisure-13%146,789,808.1%-97.3%
Industrial Materials-17.3%117,744%-
Industrial Support Services-18.2%12,395,426.1%-54.6%
Chemicals-19.5%39,819,571.7%-
Alternative Energy-20%12,599,900%-54.1%
Personal Goods-22.7%194,863,668.1%-29.3%
Precious Metals and Mining-23.6%1,101,150.1%-
Investment Banking and Brokerage Services-24.8%616,762,994.3%-92.1%
Real Estate Investment and Services-25.1%1,930,629,646.8%-88.9%
Telecommunications Service Providers-33.8%1,267,630.9%-

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