Indianapolis company Allison Transmission Holdings Inc. (ALSN:NYQ) working in Industrials sees value rise 2.4% on Nov. 24, 2022

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Value in Industrials stocks rose 53 percent on Nov. 24, 2022 from the previous day.

The strongest performing Industrials company in Indiana was Allison Transmission Holdings Inc. (ALSN:NYQ), sitting 2.4 percent higher to sell at $44.5.

Cummins Inc. (CMI:NYQ) fared the worst among Indiana companies, suffering a 100 percent drop to $250.86.

Among Indianapolis companies, Allison Transmission Holdings Inc. (ALSN:NYQ) saw the highest rise in value of 2.4 percent on Nov. 24, 2022.

The Health Care sector was the daily best-performing sector on the market.

Basic Materials 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 Nov. 24, 2022

Sector% ChangeHighest Positive ChangeLargest Negative Change
Health Care697.2%568,588.7%-100%
Technology122.7%74.7%-100%
Consumer Staples103%1,816.9%-100%
Financials100.7%144.8%-100%
Consumer Discretionary75.6%4,086.9%-100%
Industrials53%1,237.5%-100%
Energy32.1%2,469.2%-100%
Utilities12.5%484,694.4%-100%
Real Estate-15.3%33.7%-100%
Basic Materials-41.6%40.3%-57%

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