Columbus company Cummins Inc. (CMI:NYQ) working in Industrial Engineering sees value fall 37.5% on Sept. 28

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The value in Industrial Engineering stocks rose 5.9 percent on Sept. 28 from the previous day.

The strongest performing Industrial Engineering company in Indiana was Cummins Inc. (CMI:NYQ), dropping 37.5 percent to sell at $207.57.

Hillenbrand Inc. (HI:NYQ) fared the worst among Indiana companies, suffering a 66 percent drop to $37.42.

Among Columbus companies, Cummins Inc. (CMI:NYQ) saw the biggest fall in value of 37.5 percent on Sept. 28.

The Household Goods and Home Construction industry was the daily best-performing industry on the market. The market is divided into 45 different industries.

Waste and Disposal 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.

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 industries on Sept. 28

Industry% ChangeHighest Positive ChangeLargest Negative Change
Household Goods and Home Construction389.5%21,173,239.6%-100%
Precious Metals and Mining169.9%23,924,879.6%-98.1%
Tobacco59%11,519,992%-95.1%
Electronic and Electrical Equipment37.2%43,703,606%-100%
Telecommunications Equipment21.8%47,337,589%-57.4%
Life Insurance21.4%85,724,809.4%-99.2%
Finance and Credit Services19%8,544,284.7%-96.4%
Personal Goods16.6%53,096,300.1%-99.9%
Industrial Materials12.8%83%-92.7%
Industrial Metals and Mining12.5%6,473,293.7%-99.6%
Chemicals9.4%855,939,612.3%-98.4%
Software and Computer Services7.8%48,129,985.6%-100%
Media6.5%28,710,015.3%-95.9%
Mortgage Real Estate Investment Trusts6.2%524,614,257.3%-100%
Industrial Engineering5.9%4,597,889.7%-95.4%
Industrial Transportation5.1%2,023,071.8%-99.8%
Travel and Leisure4.9%39,318,701.9%-100%
Aerospace and Defense4.6%4,587,936.8%-99.9%
Retailers2.6%221,116,185.2%-99.8%
Personal Care, Drug and Grocery Stores2.6%34,101,617.2%-99.8%
Automobiles and Parts1.8%44,855,410.2%-95.5%
General Industrials1.6%275,229,486.7%-100%
Banks1.5%18,600,840.4%-100%
Leisure Goods1.2%66,763,728.5%-95.7%
Electricity1%487.9%-71%
Open End and Miscellaneous Investment Vehicles0.7%12,429,185.2%-100%
Alternative Energy0.5%2,543,095.2%-99.9%
Real Estate Investment Trusts0.2%247,051,368.3%-100%
Consumer Services-0.5%117,018,528.3%-100%
Construction and Materials-0.6%106,027,327.9%-100%
Closed End Investments-1.3%13,613,765.4%-100%
Non-life Insurance-1.3%47,557,548.5%-100%
Oil, Gas and Coal-2.7%57,346,645.3%-100%
Industrial Support Services-3.2%24,664,594.4%-100%
Real Estate Investment and Services-3.3%12,377,514.2%-93.2%
Pharmaceuticals and Biotechnology-3.8%248,846,944.1%-100%
Technology Hardware and Equipment-4.3%12,089,900%-97%
Food Producers-4.9%59,814,080.9%-99.5%
Medical Equipment and Services-5%15,696,962.4%-100%
Gas, Water and Multi-utilities-5.1%4,435,153.3%-41.2%
Health Care Providers-8.4%167,526,008.6%-100%
Investment Banking and Brokerage Services-10.7%27,533,187.8%-99.8%
Beverages-10.8%337,864.1%-99.9%
Telecommunications Service Providers-12.7%77.6%-98.8%
Waste and Disposal Services-13.2%3,479.9%-99.9%

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