The strongest performing Health Care company in Indiana was POINT Biopharma Global Inc. (PNT:NAQ), sitting 117.6 percent higher to sell at $7.35.
Eli Lilly and Co. (LLY:NYQ) fared the worst among Indiana companies, suffering a 100 percent drop to $312.1.
Among Indianapolis companies, POINT Biopharma Global Inc. (PNT:NAQ) saw the highest rise in value of 117.6 percent on June 7.
The Energy 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.
| Sector | % Change | Highest Positive Change | Largest Negative Change |
|---|---|---|---|
| Energy | 4.5% | 346,958,267.3% | -100.0% |
| Consumer Staples | 2.9% | 1,612,158.1% | -100.0% |
| Technology | 2.2% | 88,868,393.2% | -100.0% |
| Health Care | 2.1% | 21,618,329% | -100.0% |
| Basic Materials | 1.7% | 46,087,176.8% | -100.0% |
| Real Estate | 1.6% | 7,736,686.3% | -100.0% |
| Industrials | 1.3% | 28,805,915.7% | -100.0% |
| Consumer Discretionary | 0.8% | 82,061,564.9% | -100.0% |
| Utilities | 0.8% | 22,487.3% | -100.0% |
| Telecommunications | 0.5% | 323,651% | -100.0% |
| Financials | -0.7% | 515,055,455.6% | -100.0% |