Value of Batesville-based Industrials company Hillenbrand Inc. (HI:NYQ) fell 100% on May 18

Value of Batesville-based Industrials company Hillenbrand Inc. (HI:NYQ) fell 100% on May 18

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Value in Industrials stocks rose 2.8 percent on May 18 from the previous day.

The strongest performing Industrials company in Indiana was Allison Transmission Holdings Inc. (ALSN:NYQ), sitting 16.7 percent higher to sell at $49.26.

Hillenbrand Inc. (HI:NYQ) fared the worst among Indiana companies, suffering a 100 percent drop to $48.52.

Among Batesville companies, Hillenbrand Inc. (HI:NYQ) saw the biggest fall in value of 100 percent on May 18.

The Technology sector was the daily best-performing sector on the market.

Financials 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 May 18

Sector% ChangeHighest Positive ChangeLargest Negative Change
Technology3.5%40,285,701.5%-100%
Utilities2.8%4,243.3%-100%
Industrials2.8%20,696,927.9%-100%
Telecommunications1.9%8,458,408.5%-91.6%
Consumer Discretionary1%38,828,205.3%-100%
Energy0.2%2,175,396.5%-100%
Health Care-0.1%15,884,226.9%-100%
Basic Materials-1%2,285,266.8%-100%
Real Estate-1.8%30,485,133.6%-100%
Consumer Staples-2.2%32,050,153.6%-100%
Financials-3.6%81,118,081.9%-100%

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