Value of Lafayette-based Industrial Transportation company Wabash National Corp. (WNC:NYQ) fell 15.1% on Oct. 13

Value of Lafayette-based Industrial Transportation company Wabash National Corp. (WNC:NYQ) fell 15.1% on Oct. 13

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The value in Industrial Transportation stocks rose 22.9 percent on Oct. 13 from the previous day.

The strongest performing Industrial Transportation company in Indiana was Allison Transmission Holdings Inc. (ALSN:NYQ), sitting 43.1 percent higher to sell at $36.85.

Wabash National Corp. (WNC:NYQ) fared the worst among Indiana companies, suffering a 15.1 percent drop to $16.44.

Among Lafayette companies, Wabash National Corp. (WNC:NYQ) saw the biggest fall in value of 15.1 percent on Oct. 13.

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

Investment Banking and Brokerage Services 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 Oct. 13

Industry% ChangeHighest Positive ChangeLargest Negative Change
Non-life Insurance113.1%95.8%-100%
Food Producers102.5%295.8%-71%
Retailers64.5%240%-45.5%
Oil, Gas and Coal60.9%553.8%-90.4%
Telecommunications Equipment45.2%942.7%-8.2%
Industrial Materials32%1,418.1%-
Technology Hardware and Equipment29.3%626%-51.9%
Gas, Water and Multi-utilities25.3%161.5%-91.2%
Industrial Transportation22.9%2,025%-19.3%
Banks21.1%405.5%-99.1%
Finance and Credit Services18.3%89.7%-42.2%
Medical Equipment and Services8.3%1,936%-97%
Closed End Investments6.3%373.3%-99%
Real Estate Investment Trusts6%395.6%-77.8%
General Industrials1.8%323.7%-88.1%
Chemicals1.6%1,315.3%-96%
Mortgage Real Estate Investment Trusts-0.5%888.4%-58.4%
Open End and Miscellaneous Investment Vehicles-1.4%68,387.7%-100%
Leisure Goods-4%315.1%-24.7%
Beverages-4.5%948.8%-81.6%
Industrial Support Services-4.6%844.7%-77.8%
Life Insurance-6%126%-83.2%
Waste and Disposal Services-6.4%212%-99.8%
Construction and Materials-10.8%532%-80.2%
Electronic and Electrical Equipment-11.7%713.8%-52%
Software and Computer Services-15.5%1,017.1%-91.1%
Industrial Metals and Mining-16.8%506.2%-85.6%
Automobiles and Parts-21.5%982.4%-81.4%
Pharmaceuticals and Biotechnology-22%3,515.7%-92.5%
Personal Care, Drug and Grocery Stores-22.2%1,194.2%-88.8%
Health Care Providers-24.1%3,114.4%-86.3%
Industrial Engineering-25.2%90.7%-95.9%
Tobacco-31.4%414.9%-
Aerospace and Defense-34.1%103.9%-90.8%
Alternative Energy-34.2%81.1%-88.4%
Media-42.9%151%-100%
Electricity-43.9%1,091.9%-27.9%
Travel and Leisure-51.9%203.5%-59.7%
Consumer Services-58.5%281.3%-94.3%
Real Estate Investment and Services-58.6%1,016.5%-95.4%
Personal Goods-63.8%10,825%-48%
Telecommunications Service Providers-65.1%77.8%-66.7%
Precious Metals and Mining-74.8%64.7%-98.4%
Household Goods and Home Construction-80.4%193.5%-63.3%
Investment Banking and Brokerage Services-99.3%431.6%-98.5%

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