The strongest performing Financials company in Indiana was Northeast Indiana Bancorp Inc. (NIDB:QBB), sitting 1,687.5 percent higher to sell at $21.25.
Mid-Southern Bancorp Inc. (MSVB:NAQ) fared the worst among Indiana companies, suffering an 89.4 percent drop to $12.9.
Among Indianapolis companies, Andretti Acquisition Corp (WNNR:NYQ) saw the highest rise in value of 684.8 percent in the week ending July 29.
The Financials sector was the week’s best-performing sector on the market. The market is divided into 10 different sectors.
Real Estate 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.
| Sector | % Change | Highest Positive Change | Largest Negative Change |
|---|---|---|---|
| Financials | 11.1% | 8,992,698.6% | -100.0% |
| Energy | 2.4% | 5,673,489.8% | -100.0% |
| Consumer Discretionary | 1.8% | 192,695,755.4% | -100.0% |
| Industrials | 1.2% | 1,158,269.3% | -100.0% |
| Technology | 0.1% | 7,830,803% | -100.0% |
| Basic Materials | -0.3% | 6,328,978.5% | -100.0% |
| Utilities | -0.7% | 119,663% | -100.0% |
| Health Care | -0.7% | 42,772,955.5% | -100.0% |
| Telecommunications | -1.6% | 8,527.3% | -98.6% |
| Real Estate | -7.1% | 181,454,445.5% | -99.4% |