Value of Longview-based Industrial Metals and Mining company Friedman Industries Inc. (FRD:ASQ) rose 4.6% in week ending Oct. 8

0Comments

Value in Industrial Metals and Mining stocks rose 11.6 percent in the week ending Oct. 8 from the previous week.

The strongest performing Industrial Metals and Mining company in Texas was Uranium Energy Corp. (UEC:ASQ), sitting 5,985.8 percent higher to sell at $3.93.

US Silica Holdings Inc. (SLCA:NYQ) fared the worst among Texas companies, suffering a 100 percent drop to $12.15.

Among Longview companies, Friedman Industries Inc. (FRD:ASQ) saw the highest rise in value of 4.6 percent in the week ending Oct. 8.

The Beverages industry was the week’s best-performing industry on the market. The market is divided into 44 different industries.

Alternative Energy 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 in week ending Oct. 8

Industry Percentage Change Highest Positive Change Largest Negative Change
Beverages 18% 6,791.8% -95.8%
Travel and Leisure 16.2% 1,066,902.2% -99.9%
Oil, Gas and Coal 13.4% 1,360,718% -99.9%
Industrial Metals and Mining 11.6% 5,985.8% -99.8%
Construction and Materials 8.6% 813.3% -99.6%
Medical Equipment and Services 8.4% 101,646.9% -99.9%
Personal Goods 7.2% 2,382.6% -98.6%
Household Goods and Home Construction 6.4% 3,927% -99.9%
Health Care Providers 4.7% 13,425.2% -99.4%
Industrial Support Services 3.5% 4,333% -99.9%
Industrial Materials 3.5% -96.1%
Industrial Engineering 3.4% 2,880,597.9% -98.7%
General Industrials 3.1% 129.2% -99.9%
Software and Computer Services 3.1% 143,303.1% -99.9%
Electronic and Electrical Equipment 2.8% 1,721.6% -99.9%
Industrial Transportation 2.7% 50,533.3% -99.4%
Non-life Insurance 2.5% 2,609.2% -99.9%
Consumer Services 2.4% 196,366.9% -94.3%
Automobiles and Parts 2.3% 59.1% -99.9%
Finance and Credit Services 2.2% 470.7% -99.9%
Food Producers 2.1% 14,740.7% -99.6%
Chemicals 2.1% 20,167.2% -99.8%
Precious Metals and Mining 2.1% 46.7% -99.7%
Technology Hardware and Equipment 2.1% 1,832.7% -99.9%
Retailers 2% 917.5% -99.9%
Tobacco 1.6% 704.8% -96.7%
Closed End Investments 1.2% 1,168,330% -99.9%
Investment Banking and Brokerage Services 1% 3,260.1% -99.8%
Banks 0.9% 38,267.9% -99.9%
Aerospace and Defense 0.8% 23,295.6% -99.9%
Leisure Goods 0.7% 126% -99.8%
Real Estate Investment and Services 0.6% 117,506.9% -99.9%
Media 0.4% 1,282.3% -99.9%
Open End and Miscellaneous Investment Vehicles 0.3% 3,440,500% -99.9%
Life Insurance -0.7% 41,493.2% -99.3%
Waste and Disposal Services -0.9% 675.8% -94.9%
Personal Care, Drug and Grocery Stores -1.3% 456.7% -99.9%
Telecommunications Equipment -1.6% 245.2% -98.4%
Gas, Water and Multi-utilities -1.6% 5,931,715.7% -99.9%
Electricity -2.4% 30.7% -97.8%
Pharmaceuticals and Biotechnology -2.5% 31,174,093.8% -99.9%
Real Estate Investment Trusts -3.7% 39,062.8% -99.9%
Telecommunications Service Providers -4% 149.2% -99.8%
Alternative Energy -7% 141.1% -99.9%


Related

David Rosner, Commissioner of Federal Energy Regulatory Commission (FERC)

A single gas station in cities throughout Harrison County had the cheapest midgrade gas in week ending May 30

The lowest price for a gallon of midgrade gas in Harrison County during the week ending May 30 was $4.28, according to customer reports to GasBuddy.

David Rosner, Commissioner of Federal Energy Regulatory Commission (FERC)

Premium gas at $4.43 per gallon in Panola County in week ending May 30

The cheapest per-gallon price for premium gas in Panola County during the week ending May 30 was $4.43 per gallon.

Lindsay S. See, Commissioner of Federal Energy Regulatory Commission (FERC)

Lowest price for diesel gas in Gregg County at $4.59 in week ending May 30

The cheapest per-gallon price for diesel gas in Gregg County during the week ending May 30 was $4.59 per gallon.