Value of Lafayette-based Industrial Transportation company Wabash National Corp. (WNC:NYQ) fell 39.3% in week ending July 2

Value of Lafayette-based Industrial Transportation company Wabash National Corp. (WNC:NYQ) fell 39.3% in week ending July 2
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Value in Industrial Transportation stocks rose 125.2 percent in the week ending July 2 from the previous week.

The strongest performing Industrial Transportation company in Indiana was Wabash National Corp. (WNC:NYQ), dropping 39.3 percent to sell at $13.69.

Allison Transmission Holdings Inc. (ALSN:NYQ) fared the worst among Indiana companies, suffering a 71.1 percent drop to $38.39.

The Travel and Leisure industry was the week’s best-performing industry on the market. The market is divided into 22 different industries.

Medical Equipment and Services 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 in week ending July 2

Industry Percentage Change Highest Positive Change Largest Negative Change
Travel and Leisure 362,163.5% 3,658.3% -99.6%
Telecommunications Service Providers 259,347.2% 68.7% -99%
Investment Banking and Brokerage Services 94,122.8% 3,269.5% -98.9%
Oil, Gas and Coal 25,671.9% 67.7% -96.2%
Automobiles and Parts 7,632.5% 316.1% -78.8%
Closed End Investments 4,328.1% 693.9% -91.9%
Industrial Engineering 3,768.3% 449.4% -89.7%
Telecommunications Equipment 2,869.1% 193.9% -98.8%
Software and Computer Services 2,622% 49,967.7% -96.8%
Life Insurance 1,146.5% -78.7%
Food Producers 550.5% 4,573.1% -98.2%
Consumer Services 216.6% 17,233.3% -94.3%
Technology Hardware and Equipment 158% 1,581.8% -91.1%
Industrial Transportation 125.2% 1,032.4% -95%
Banks 110% 1,269% -99.1%
Real Estate Investment and Services 75% 5,773.6% -85%
Pharmaceuticals and Biotechnology 52.2% 11,470.2% -99.2%
Finance and Credit Services 35.7% 182.3% -95.8%
Industrial Metals and Mining 31.8% 30,341.6% -90.8%
Open End and Miscellaneous Investment Vehicles 3.1% 478,799% -100%
Retailers -60.6% 1,752% -92.7%
Medical Equipment and Services -85.7% 1,607% -96.2%


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