Columbus company Cummins Inc. (CMI:NYQ) working in Industrial Engineering sees value rise 32.7% on Feb. 1

Columbus company Cummins Inc. (CMI:NYQ) working in Industrial Engineering sees value rise 32.7% on Feb. 1

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The value in Industrial Engineering stocks rose 7.7 percent on Feb. 1 from the previous day.

The strongest performing Industrial Engineering company in Indiana was Cummins Inc. (CMI:NYQ), sitting 32.7 percent higher to sell at $250.91.

Hillenbrand Inc. (HI:NYQ) fared the worst among Indiana companies, suffering a 100 percent drop to $46.8.

Among Columbus companies, Cummins Inc. (CMI:NYQ) saw the highest rise in value of 32.7 percent on Feb. 1.

The Aerospace and Defense industry was the daily best-performing industry on the market. The market is divided into 47 different industries.

Non-life Insurance 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 Feb. 1

Industry% ChangeHighest Positive ChangeLargest Negative Change
Aerospace and Defense29.9%909.9%-100%
Technology16.3%55,078.9%-98.2%
Beverages14.5%310.7%-100%
Tobacco10.7%2,998.7%-20.8%
Leisure Goods8.2%9,012,802.7%-99.7%
Consumer Services8%220,266.4%-100%
Industrial Engineering7.7%11,373,812.9%-100%
Personal Goods5.7%88,205.3%-100%
Industrial Transportation5.3%4,768,400%-100%
Medical Equipment and Services5.2%46,453,233.3%-100%
Life Insurance5.2%75.1%-67.8%
Investment Banking and Brokerage Services5.2%113,461.4%-99.8%
Retailers4.7%370,437.3%-100%
Telecommunications Service Providers3.6%2,104.7%-56.3%
Software and Computer Services2.6%147,642,194.7%-100%
Industrial Support Services2.3%164,474,879%-100%
Closed End Investments2%24,068,008.1%-100%
Media2%2,637,992.7%-100%
Technology Hardware and Equipment2%8,213.3%-100%
Consumer Discretionary1.9%2,288%-86.8%
Finance and Credit Services1.8%24,882.5%-98.7%
Oil, Gas and Coal1.7%238,940,267%-100%
Telecommunications Equipment1.2%63,479,574.8%-100%
Industrial Materials1.2%84,054,232.4%-91.7%
Food Producers1%418,822,701.8%-100%
Gas, Water and Multi-utilities1%4,385.4%-90%
Chemicals0.9%21,533,103.1%-100%
Health Care Providers0.8%493.1%-99%
Real Estate Investment Trusts0.8%151,490,646.3%-100%
Waste and Disposal Services0.5%1,084,021.8%-57.7%
Electricity0.4%483,006,102.1%-57.3%
Open End and Miscellaneous Investment Vehicles0.1%12,599,900%-99.8%
Personal Care, Drug and Grocery Stores-0.4%23,364,050.9%-100%
General Industrials-0.7%35,899,604.9%-90.7%
Electronic and Electrical Equipment-1%2,178,536.5%-100%
Pharmaceuticals and Biotechnology-1.4%47,366,900%-100%
Travel and Leisure-2.3%3,298,286.3%-100%
Banks-2.9%34,862,548.9%-100%
Alternative Energy-3.2%5,098,847.4%-100%
Construction and Materials-3.2%43,815,321%-100%
Real Estate Investment and Services-3.2%1,974,899.6%-85.2%
Household Goods and Home Construction-4.4%19,116,528.6%-100%
Automobiles and Parts-4.6%27,101.7%-100%
Mortgage Real Estate Investment Trusts-8.5%5,160.4%-33.1%
Precious Metals and Mining-19.8%1,520,900%-99.7%
Industrial Metals and Mining-20.7%202.9%-100%
Non-life Insurance-44.9%73,161,016.8%-100%

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