Value of Carmel-based Consumer Discretionary company KAR Auction Services Inc. (KAR:NYQ) fell 18.6% in week ending Jan. 28

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Value in Consumer Discretionary stocks rose 0.2 percent in the week ending Jan. 28 from the previous week.

The strongest performing Consumer Discretionary company in Indiana was LCI Industries (LCII:NYQ), sitting 5.4 percent higher to sell at $108.

Escalade Inc. (ESCA:NMQ) fared the worst among Indiana companies, suffering a 48.5 percent drop to $12.4.

Among Carmel companies, KAR Auction Services Inc. (KAR:NYQ) saw the biggest fall in value of 18.6 percent in the week ending Jan. 28.

The Real Estate sector was the week’s best-performing sector on the market. The market is divided into 4 different sectors.

Consumer Discretionary 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 in week ending Jan. 28

Sector% ChangeHighest Positive ChangeLargest Negative Change
Real Estate12,248.3%923.3%-97.4%
Financials447%3,665,454.5%-100.0%
Industrials200.6%5,505.1%-99.9%
Consumer Discretionary0.2%60,233.3%-99.6%

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