The strongest performing Tobacco company in New York was 22nd Century Group Inc. (XXII:NAQ), dropping 2.6 percent to sell at $1.91.
Philip Morris International Inc. (PM:NYQ) fared the worst among New York companies, suffering a 20.8 percent drop to $100.
The Finance and Credit Services industry was the month’s best-performing industry on the market. The market is divided into 45 different industries.
Telecommunications Service Providers 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.
Industry | Percentage Change | Highest Positive Change | Largest Negative Change |
---|---|---|---|
Finance and Credit Services | 94.9% | 378.3% | -95% |
Tobacco | 4.2% | 117.7% | -98.5% |
Beverages | 2.6% | 2,905.2% | -96.2% |
Personal Care, Drug and Grocery Stores | 2.4% | 2,369.4% | -65.1% |
Industrial Materials | 1.6% | 803.7% | -63.3% |
Food Producers | 0.4% | 285.9% | -100% |
Oil, Gas and Coal | -0.4% | 1,397.1% | -95.5% |
Open End and Miscellaneous Investment Vehicles | -0.5% | 72,315.9% | -100% |
Waste and Disposal Services | -2.2% | 44.2% | -97.8% |
Banks | -3.3% | 424,605% | -99.8% |
Chemicals | -3.6% | 562.4% | -99% |
General Industrials | -3.9% | 263.2% | -68.8% |
Household Goods and Home Construction | -4.3% | 1,446.6% | -94.8% |
Non-life Insurance | -4.7% | 278.3% | -93.2% |
Retailers | -4.7% | 3,917.8% | -97.3% |
Telecommunications Equipment | -5.3% | 8,940.4% | -82.1% |
Travel and Leisure | -5.3% | 288.5% | -98.5% |
Gas, Water and Multi-utilities | -5.4% | 611.7% | -79.8% |
Real Estate Investment Trusts | -5.5% | 1,077.1% | -66% |
Electricity | -5.9% | 220.4% | -80.3% |
Closed End Investments | -6% | 889.9% | -97.6% |
Mortgage Real Estate Investment Trusts | -6.5% | 4,201.5% | -70.7% |
Real Estate Investment and Services | -6.9% | 11,471.4% | -98% |
Consumer Services | -7.4% | 348.3% | -96.1% |
Aerospace and Defense | -7.4% | 1,796.1% | -97.7% |
Health Care Providers | -7.5% | 401.2% | -99% |
Electronic and Electrical Equipment | -7.5% | 2,767.4% | -90.5% |
Industrial Metals and Mining | -7.6% | 1,877.6% | -98.2% |
Industrial Support Services | -7.8% | 615.8% | -99.2% |
Personal Goods | -8.8% | 126.1% | -80.4% |
Construction and Materials | -9.4% | 424.4% | -99.8% |
Industrial Engineering | -10.3% | 878.9% | -96.7% |
Life Insurance | -10.4% | 16,583.6% | -93.6% |
Investment Banking and Brokerage Services | -11.5% | 134,812.1% | -94% |
Precious Metals and Mining | -11.6% | 7,390.7% | -97% |
Automobiles and Parts | -12% | 405.5% | -96.8% |
Leisure Goods | -12.5% | 2,739.4% | -97.9% |
Technology Hardware and Equipment | -12.9% | 175.9% | -92.6% |
Industrial Transportation | -13.1% | 343.9% | -70.7% |
Pharmaceuticals and Biotechnology | -13.6% | 56,354.6% | -99.8% |
Medical Equipment and Services | -13.8% | 406.8% | -99.9% |
Software and Computer Services | -14% | 85,905.1% | -99.3% |
Media | -16.4% | 50,275.2% | -98.1% |
Alternative Energy | -17% | 3,643.6% | -81.1% |
Telecommunications Service Providers | -22.1% | 677.7% | -86.4% |