Value of Columbus-based Industrial Engineering company Cummins Inc. (CMI:NYQ) fell 30.4% on March 14

Value of Columbus-based Industrial Engineering company Cummins Inc. (CMI:NYQ) fell 30.4% on March 14

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The value in Industrial Engineering stocks fell 15.5 percent on March 14 from the previous day.

The strongest performing Industrial Engineering company in Indiana was Cummins Inc. (CMI:NYQ), dropping 30.4 percent to sell at $237.79.

Hillenbrand Inc. (HI:NYQ) fared the worst among Indiana companies, suffering a 100 percent drop to $44.69.

Among Columbus companies, Cummins Inc. (CMI:NYQ) saw the biggest fall in value of 30.4 percent on March 14.

The Tobacco industry was the daily best-performing industry on the market. The market is divided into 46 different industries.

Consumer Discretionary 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 March 14

Industry% ChangeHighest Positive ChangeLargest Negative Change
Tobacco4,281.4%49%-99.8%
Household Goods and Home Construction784.5%3,106.7%-100%
Finance and Credit Services298.7%476,991.4%-100%
Technology198.9%45,540.7%-97.4%
Food Producers164.6%1,364,900%-100%
Precious Metals and Mining142.5%1,398.5%-99.2%
Waste and Disposal Services96.8%6,211.8%-31.9%
Leisure Goods96.2%20,226,721.5%-100%
Non-life Insurance85.4%19,758%-100%
Industrial Metals and Mining56.4%2,559.6%-100%
Aerospace and Defense55.6%155.7%-100%
Telecommunications Equipment51.6%342.8%-100%
Electronic and Electrical Equipment47.9%10,040.7%-100%
Life Insurance40%56,564.1%-33.3%
Oil, Gas and Coal36.2%21,676,700.2%-100%
Beverages26.9%210%-100%
Industrial Transportation23.8%29,501.4%-99.5%
Software and Computer Services16.9%78,292,748.3%-100%
General Industrials8.4%58,481.9%-100%
Technology Hardware and Equipment7.6%51,148.3%-100%
Automobiles and Parts5.7%43,847,900%-100%
Personal Care, Drug and Grocery Stores5.4%225.9%-100%
Medical Equipment and Services5.1%51,154,107.6%-100%
Construction and Materials4.2%140,358,414.7%-100%
Industrial Materials3.8%37.5%-100%
Pharmaceuticals and Biotechnology3.3%24,836,861.3%-100%
Closed End Investments0.6%42,846,089.8%-100%
Open End and Miscellaneous Investment Vehicles-0.4%576,418.2%-100%
Industrial Support Services-0.4%6,455,006.6%-100%
Real Estate Investment Trusts-1.5%280,556,402.9%-100%
Media-3%4,966,300%-100%
Mortgage Real Estate Investment Trusts-3.1%44,308,277.1%-100%
Retailers-6%94,184,252.9%-100%
Travel and Leisure-6.2%21,671,283.1%-100%
Personal Goods-7.7%2,475.3%-100%
Chemicals-9.5%2,169,888.5%-100%
Electricity-9.6%224,231,343.3%-100%
Health Care Providers-12.2%1,157,239.6%-100%
Industrial Engineering-15.5%2,428.1%-100%
Investment Banking and Brokerage Services-15.7%130,058,081.8%-100%
Consumer Services-19.6%5,347.2%-100%
Banks-20%551,894.5%-100%
Alternative Energy-27.3%22,880.5%-100%
Telecommunications Service Providers-37.8%1,402.8%-98.6%
Real Estate Investment and Services-40.7%85,458.2%-100%
Consumer Discretionary-62.9%368.6%-

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