Lafayette-based Industrial Transportation company Wabash National Corp. (WNC:NYQ) sees value rise 227.9% on Nov. 11, 2022

Lafayette-based Industrial Transportation company Wabash National Corp. (WNC:NYQ) sees value rise 227.9% on Nov. 11, 2022

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The value in Industrial Transportation stocks fell 16.5 percent on Nov. 11, 2022 from the previous day.

The strongest performing Industrial Transportation company in Indiana was Wabash National Corp. (WNC:NYQ), sitting 227.9 percent higher to sell at $24.28.

Allison Transmission Holdings Inc. (ALSN:NYQ) fared the worst among Indiana companies, suffering an 8.2 percent drop to $42.79.

Among Lafayette companies, Wabash National Corp. (WNC:NYQ) saw the highest rise in value of 227.9 percent on Nov. 11, 2022.

The Telecommunications Service Providers 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 Nov. 11, 2022

Industry% ChangeHighest Positive ChangeLargest Negative Change
Telecommunications Service Providers199.4%202.3%-
Consumer Services129.6%649.7%-
Alternative Energy72.9%5,692.7%-44%
Travel and Leisure47.3%8,788.5%-92.9%
Banks47.1%35,798.5%-93.6%
Automobiles and Parts41.6%2,100.6%-
Construction and Materials41%2,678.5%-59.3%
Industrial Support Services38.9%22,509.5%-77.2%
Industrial Engineering36.1%2,688.8%-77%
Investment Banking and Brokerage Services34.8%5,212.1%-78.6%
Personal Goods31.7%931.3%-
Personal Care, Drug and Grocery Stores26.1%1,421.3%-75.2%
Industrial Materials24.9%7,875.6%-
Pharmaceuticals and Biotechnology23.6%8,535.5%-81.3%
Health Care Providers22.4%8,121.7%-60.9%
Aerospace and Defense21.4%1,622%-76.7%
Media17.9%1,089.8%-18%
Retailers16.7%8,136.7%-51.6%
Electricity16.5%816.4%-29.5%
Real Estate Investment and Services15.4%11,362.7%-65%
Gas, Water and Multi-utilities5.8%1,506.8%-50.3%
Leisure Goods4.8%1,558.1%-63.6%
Closed End Investments4%22,495.1%-85.2%
Open End and Miscellaneous Investment Vehicles0.8%285,614.3%-99.8%
Real Estate Investment Trusts-0.7%2,981.9%-54.7%
Software and Computer Services-3.1%5,208.6%-66.4%
Mortgage Real Estate Investment Trusts-6.1%374.2%-59.6%
General Industrials-7.3%2,871%-7.5%
Non-life Insurance-7.8%2,100.3%-53%
Chemicals-8.9%14,032.1%-57.6%
Life Insurance-10.8%527.1%-5.8%
Technology Hardware and Equipment-12%1,302.6%-56.6%
Finance and Credit Services-12.3%1,722.5%-57.9%
Industrial Transportation-16.5%1,630.4%-83%
Oil, Gas and Coal-16.9%14,159.5%-73.8%
Medical Equipment and Services-17%10,067.9%-90.7%
Industrial Metals and Mining-17.6%2,186.8%-94.2%
Precious Metals and Mining-21.3%536.9%-53.5%
Beverages-23.5%1,628%-18.9%
Electronic and Electrical Equipment-27.3%3,356.2%-53.4%
Waste and Disposal Services-30.1%393.4%-
Tobacco-37.5%2,299.1%-
Food Producers-42.1%24,321.3%-45.5%
Telecommunications Equipment-42.5%15,912.1%-51.3%
Household Goods and Home Construction-50.1%1,738%-76.5%

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