The strongest performing Banks company in Michigan was Sterling Bancorp Inc. (SBT:NAQ), sitting 512.4 percent higher to sell at $5.95.
ChoiceOne Financial Services Inc. (COFS:NAQ) fared the worst among Michigan companies, suffering a 20.8 percent drop to $21.84.
Among Southfield companies, Sterling Bancorp Inc. (SBT:NAQ) saw the highest rise in value of 512.4 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.
| Industry | % Change | Highest Positive Change | Largest Negative Change |
|---|---|---|---|
| Real Estate Investment and Services | 9.8% | 10,421,354.2% | -84.6% |
| Household Goods and Home Construction | 3% | 33,433,967.8% | -60.7% |
| Telecommunications Service Providers | 2.4% | 943,390.2% | -41.8% |
| Alternative Energy | 1.8% | 16,990,630.4% | -52.5% |
| Travel and Leisure | 1.6% | 99,627,177.9% | -82.7% |
| Investment Banking and Brokerage Services | 0.9% | 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% |
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