Quantcast

South Broward News

Friday, November 29, 2024

Hollywood company HEICO Corp. (HEI:NYQ) working in Aerospace and Defense sees value remain unchanged on Sept. 23

Stock market 21 edited

The value in Aerospace and Defense stocks fell 4.5 percent on Sept. 23 from the previous day.

The strongest performing Aerospace and Defense company in Florida was Redwire Corp. (RDW:NYQ), sitting 2,367.7 percent higher to sell at $2.4.

Cadre Holdings Inc. (CDRE:NYQ) fared the worst among Florida companies, suffering a 16.7 percent drop to $24.04.

Among Hollywood companies, HEICO Corp. (HEI.A:NYQ) saw the biggest fall in value of 9.4 percent on Sept. 23.

The Real Estate Investment and Services industry was the daily best-performing industry on the market. The market is divided into 44 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.

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. 23

Industry% ChangeHighest Positive ChangeLargest Negative Change
Real Estate Investment and Services9.8%10,421,354.2%-84.6%
Household Goods and Home Construction3%33,433,967.8%-60.7%
Telecommunications Service Providers2.4%943,390.2%-41.8%
Alternative Energy1.8%16,990,630.4%-52.5%
Travel and Leisure1.6%99,627,177.9%-82.7%
Investment Banking and Brokerage Services0.9%56,356,310.6%-95%
Precious Metals and Mining-0.1%37,774,924.1%-26.9%
Retailers-0.6%15,044,514.1%-68.8%
Personal Care, Drug and Grocery Stores-0.8%98,100,339.6%-55.6%
Pharmaceuticals and Biotechnology-0.8%570,333,754%-93.1%
Real Estate Investment Trusts-1.2%359,007,639.3%-34.3%
Beverages-1.3%174,571.6%-74.6%
Electricity-1.5%15,864,569.1%-39.1%
Finance and Credit Services-1.5%28,080,782.4%-70.2%
Telecommunications Equipment-1.6%238,523.3%-92%
Gas, Water and Multi-utilities-1.6%34,240,462.8%-64.9%
Waste and Disposal Services-1.7%19,525.1%-33.5%
Software and Computer Services-1.8%54,729,633.2%-87.3%
Industrial Metals and Mining-1.9%4,211,616.7%-94.7%
Industrial Engineering-2.3%4,156,257.5%-69.9%
Industrial Materials-2.3%85,907,176%-23.4%
Closed End Investments-2.4%37,514,254.2%-74.5%
Personal Goods-2.4%102,919,515.4%-20.1%
Health Care Providers-2.5%8,322,157%-38%
Industrial Transportation-2.7%174,780,852.4%-47.5%
Technology Hardware and Equipment-2.7%6,006,153.4%-76.3%
Chemicals-2.9%2,594,390%-74.4%
Automobiles and Parts-3%1,903,561.8%-46.7%
Electronic and Electrical Equipment-3%192,844.6%-86.4%
Leisure Goods-3%1,449,815.1%-99.7%
Banks-3.5%1,741,034,881.9%-98.1%
General Industrials-3.7%32,314,404.3%-33.9%
Tobacco-4.1%107,484.2%-19.4%
Food Producers-4.2%191,265,362.3%-73.9%
Industrial Support Services-4.3%31,719,884.4%-48.5%
Aerospace and Defense-4.5%5,966,103.7%-69.4%
Construction and Materials-4.9%31,274,562.4%-73.5%
Oil, Gas and Coal-4.9%236,956,723%-80%
Mortgage Real Estate Investment Trusts-6%31,394,304.4%-55.4%
Consumer Services-6.8%203,117,006.8%-98%
Non-life Insurance-7.1%253,678,400%-73.7%
Media-7.3%1,552,758.7%-75.3%
Life Insurance-7.6%210,253,868.3%-15.4%
Medical Equipment and Services-7.7%50,191,720.5%-95.7%

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS