Columbus company Cummins Inc. (CMI:NYQ) working in Industrials sees value fall 30.4% on March 14

Columbus company Cummins Inc. (CMI:NYQ) working in Industrials sees value fall 30.4% on March 14

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Value in Industrials stocks rose 11.8 percent on March 14 from the previous day.

The strongest performing Industrials company in Indiana was Allison Transmission Holdings Inc. (ALSN:NYQ), sitting 7.1 percent higher to sell at $44.43.

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 Consumer Staples sector was the daily best-performing sector on the market.

Telecommunications was the worst-performing sector.

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 sectors on March 14

Sector% ChangeHighest Positive ChangeLargest Negative Change
Consumer Staples81%1,364,900%-100%
Energy27.9%21,676,700.2%-100%
Consumer Discretionary17.3%94,184,252.9%-100%
Technology12.7%78,292,748.3%-100%
Industrials11.8%140,358,414.7%-100%
Financials6.6%130,058,081.8%-100%
Basic Materials4.8%2,169,888.5%-100%
Utilities3.4%224,231,343.3%-100%
Health Care1.4%51,154,107.6%-100%
Real Estate-4.1%280,556,402.9%-100%
Telecommunications-4.9%1,402.8%-100%

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