Value of Warsaw-based Medical Equipment and Services company Zimmer Biomet Holdings Inc. (ZBH:NYQ) rose 16.9% on June 30

Public Policy
Stock market 26 edited

ORGANIZATIONS IN THIS STORY

LETTER TO THE EDITOR

Have a concern or an opinion about this story? Click below to share your thoughts.
Send a message

Community Newsmaker

Know of a story that needs to be covered? Pitch your story to The Business Daily.
Community Newsmaker

The value in Medical Equipment and Services stocks fell 1.6 percent on June 30 from the previous day.

The strongest performing Medical Equipment and Services company in Indiana was OrthoPediatrics Corp. (KIDS:NMQ), sitting 104.3 percent higher to sell at $43.15.

Zimmer Biomet Holdings Inc. (ZBH:NYQ) experienced the smallest increase in share price among Indiana companies, rising 16.9 percent to sell at $105.06.

Among Warsaw companies, OrthoPediatrics Corp. (KIDS:NMQ) saw the highest rise in value of 104.3 percent on June 30.

The Personal Care, Drug and Grocery Stores industry was the daily best-performing industry on the market. The market is divided into 44 different industries.

Tobacco 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.

Rank of stock market industries on June 30

Industry% ChangeHighest Positive ChangeLargest Negative Change
Personal Care, Drug and Grocery Stores5.9%1,345.3%-95.2%
Life Insurance3.5%1,436.1%-87.5%
Gas, Water and Multi-utilities3.4%28,756,698.2%-100%
Industrial Support Services1.1%15,952.5%-100%
Electricity1%5,154.2%-58.7%
Household Goods and Home Construction0.9%979.4%-92.8%
Industrial Engineering0.3%7,363,525.2%-100%
Closed End Investments0.3%25,199.6%-80.9%
Industrial Transportation0.2%1,142,245.4%-100%
Industrial Materials-0.2%20,903.2%-100%
Real Estate Investment Trusts-0.4%234,602,598.7%-100%
Chemicals-0.4%19,450.5%-100%
Investment Banking and Brokerage Services-0.5%77,171,605.2%-92.1%
Pharmaceuticals and Biotechnology-0.5%1,590,739.7%-100%
Construction and Materials-0.8%13,603.3%-74%
Food Producers-0.8%156,563,283.5%-100%
Open End and Miscellaneous Investment Vehicles-0.9%345,574.5%-99.9%
Personal Goods-1.1%831,107.9%-99.5%
Electronic and Electrical Equipment-1.1%102,567.8%-80%
Precious Metals and Mining-1.2%5,994.4%-62.9%
Medical Equipment and Services-1.6%258,604.6%-85.9%
Leisure Goods-1.8%735.4%-100%
Finance and Credit Services-1.9%11,358.1%-100%
Media-2%21,132.1%-82.9%
Consumer Services-2%11,209,500%-98.8%
Aerospace and Defense-2%2,511.2%-90.4%
Technology Hardware and Equipment-2.2%154,803,791.3%-52.8%
General Industrials-2.3%87,264.7%-64.8%
Non-life Insurance-2.5%1,408,327.1%-47.5%
Alternative Energy-2.5%61,896,619%-45.8%
Telecommunications Service Providers-2.6%2,562.2%-100%
Retailers-2.7%127,633.5%-100%
Real Estate Investment and Services-3.9%81,944,017.6%-80.5%
Banks-4%11,832.6%-100%
Software and Computer Services-4.1%549,654,915.2%-99.4%
Health Care Providers-4.1%41,311,939%-97%
Telecommunications Equipment-4.2%8,215.2%-46.3%
Oil, Gas and Coal-4.6%198,206,974%-100%
Automobiles and Parts-5.1%6,848.3%-58%
Beverages-5.1%812,289.8%-100%
Waste and Disposal Services-5.4%8,046.8%-72.4%
Travel and Leisure-6%902,634.6%-100%
Industrial Metals and Mining-6.9%1,039,790.6%-95.5%
Tobacco-8.1%61.9%-100%

ORGANIZATIONS IN THIS STORY

LETTER TO THE EDITOR

Have a concern or an opinion about this story? Click below to share your thoughts.
Send a message

Community Newsmaker

Know of a story that needs to be covered? Pitch your story to The Business Daily.
Community Newsmaker

MORE NEWS