Glen Allen-based Industrial Support Services company ASGN Inc. (ASGN:NYQ) sees value rise 79.8% in week ending Oct. 1

0Comments

Value in Industrial Support Services stocks fell 1.5 percent in the week ending Oct. 1 from the previous week.

The strongest performing Industrial Support Services company in Virginia was ASGN Inc. (ASGN:NYQ), sitting 79.8 percent higher to sell at $90.37.

Capital One Financial Corp. (COF:NYQ) fared the worst among Virginia companies, suffering a 7.1 percent drop to $92.17.

The Telecommunications Equipment industry was the week’s best-performing industry on the market. The market is divided into 42 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. 1

Industry Percentage Change Highest Positive Change Largest Negative Change
Telecommunications Equipment 6.4% 355.9% -83.3%
Oil, Gas and Coal 6% 1,087.1% -99.9%
Beverages 5% 3,444.5% -99.4%
Precious Metals and Mining 3% 43.5% -68.8%
Pharmaceuticals and Biotechnology 1.7% 2,782.7% -98.9%
Non-life Insurance 1.1% 824.8% -66.6%
Software and Computer Services 0.7% 1,304.2% -99.9%
Food Producers 0.7% 2,803.1% -99.9%
Industrial Transportation 0.5% 344% -99.7%
Investment Banking and Brokerage Services 0.5% 837.2% -96.5%
Open End and Miscellaneous Investment Vehicles 0.2% 15,034,940% -99.9%
Consumer Services -0.3% 793.8% -99.9%
Industrial Engineering -0.4% 2,045.6% -66.4%
Chemicals -0.9% 9,519.5% -99.9%
General Industrials -0.9% 597.7% -92%
Industrial Materials -1.2% 57.5% -90%
Life Insurance -1.3% 185.5% -99.9%
Industrial Support Services -1.5% 3,075.4% -99.9%
Retailers -1.5% 430.6% -93.6%
Aerospace and Defense -1.7% 709% -93%
Leisure Goods -1.8% 2,345,941.1% -99.7%
Waste and Disposal Services -2.1% 286.4% -88.5%
Household Goods and Home Construction -2.1% 851.9% -99.9%
Banks -2.3% 14,572.7% -97.7%
Finance and Credit Services -2.5% 228% -94.7%
Closed End Investments -2.6% 2,272.2% -99.9%
Real Estate Investment and Services -2.7% 303,091.5% -99.7%
Automobiles and Parts -2.7% 66.3% -79.6%
Industrial Metals and Mining -2.7% 2,007.8% -99.9%
Health Care Providers -3.1% 424.1% -99.1%
Personal Care, Drug and Grocery Stores -3.4% 168.4% -77.4%
Real Estate Investment Trusts -3.9% 1,068.6% -78%
Media -6.3% 188.5% -99.5%
Medical Equipment and Services -7.4% 4,146.1% -99.9%
Personal Goods -7.4% 357.1% -99.7%
Telecommunications Service Providers -7.6% 112.9% -58.9%
Gas, Water and Multi-utilities -7.8% 1,657.5% -60.3%
Electricity -8.4% 1,615.9% -72.1%
Mortgage Real Estate Investment Trusts -10% 166.8% -99.8%
Tobacco -11.8% 2,108.8% -91.4%
Travel and Leisure -12.5% 9,006.3% -92.8%
Alternative Energy -46.5% 290.8% -73.7%


Related

Robert Wittman U.S. House of Representatives from Virginia's 1st district

Wittman hosts roundtable on Working Families Tax Cuts and community impact

Congressman Rob Wittman held a roundtable this week discussing how new tax cuts are affecting families across Virginia’s First District. Attendees shared their experiences with expanded credits and other policy changes designed for financial relief. The event highlighted efforts aimed at supporting families, workers, seniors, and small businesses.

Robert Wittman U.S. House of Representatives from Virginia's 1st district

Navy considers naming next aircraft carrier USS Yorktown after Wittman proposal

Congressman Rob Wittman’s push for naming CVN-84 USS Yorktown has reached formal review by Navy officials. The proposal aims to mark America’s upcoming semiquincentennial. Officials say they are giving full consideration before making a decision.

Robert Wittman U.S. House of Representatives from Virginia's 1st district

Wittman and House Republicans support Genesis Mission in letter to Energy Secretary

Congressman Rob Wittman led House Republicans in sending a letter supporting the Genesis Mission for AI advancement. The initiative aims to boost U.S. leadership in artificial intelligence while addressing national security concerns.

Trending

The Weekly Newsletter

Sign-up for the Weekly Newsletter from Henrico Times.