Value of Glen Allen-based Industrial Support Services company ASGN Inc. (ASGN:NYQ) fell 32.9% in week ending Aug. 27

0Comments

Value in Industrial Support Services stocks fell 3.9 percent in the week ending Aug. 27 from the previous week.

The strongest performing Industrial Support Services company in Virginia was Booz Allen Hamilton Holding Corp. (BAH:NYQ), sitting 1.8 percent higher to sell at $96.91.

Brinks Co. (BCO:NYQ) fared the worst among Virginia companies, suffering a 40.8 percent drop to $56.23.

Among Glen Allen companies, ASGN Inc. (ASGN:NYQ) saw the biggest fall in value of 32.9 percent in the week ending Aug. 27.

The Finance and Credit Services industry was the week’s best-performing industry on the market. The market is divided into 45 different industries.

Construction and Materials 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 Aug. 27

Industry Percentage Change Highest Positive Change Largest Negative Change
Finance and Credit Services 14.1% 109.2% -86%
Tobacco 5.6% 1,441.3% -77%
Telecommunications Equipment 4.7% 539.4% -98%
Alternative Energy 4.6% 33,187.6% -72.2%
Oil, Gas and Coal 4.1% 3,611% -95.1%
Chemicals 0.7% 123.7% -93.8%
Life Insurance -0.2% 42.3% -99.6%
Open End and Miscellaneous Investment Vehicles -0.2% 69,797,534% -99.9%
Precious Metals and Mining -0.5% 71.7% -82.8%
Waste and Disposal Services -0.9% 157% -82.7%
Food Producers -1% 228.1% -74.6%
Non-life Insurance -1.1% 447.1% -93.8%
Travel and Leisure -1.1% 1,784.5% -99.4%
Investment Banking and Brokerage Services -1.4% 10,796.3% -98.7%
Industrial Transportation -1.6% 433.5% -81.3%
Household Goods and Home Construction -1.7% 310.9% -84.9%
Mortgage Real Estate Investment Trusts -1.8% 697.9% -99.2%
Closed End Investments -2.1% 16,168.5% -99.2%
Technology Hardware and Equipment -2.1% 100.1% -90.9%
Banks -2.2% 57,104.7% -99.7%
Industrial Metals and Mining -2.2% 746.2% -97.5%
Aerospace and Defense -2.3% 1,563% -93.9%
Pharmaceuticals and Biotechnology -2.3% 211,094.2% -99.9%
Electricity -2.5% 212% -89.9%
Software and Computer Services -2.5% 9,768.5% -97.6%
Personal Care, Drug and Grocery Stores -2.6% 8,577.3% -63.7%
Electronic and Electrical Equipment -2.6% 250.5% -96.4%
Health Care Providers -2.8% 333.2% -99.4%
Gas, Water and Multi-utilities -3% 604.6% -70.5%
Industrial Materials -3.6% 79.9% -72%
Personal Goods -3.6% 251.7% -88.8%
Industrial Engineering -3.7% 4,393.6% -95.7%
Real Estate Investment Trusts -3.8% 294.2% -80.4%
Automobiles and Parts -3.9% 1,966.8% -77.8%
Industrial Support Services -3.9% 53,427.3% -97.4%
Real Estate Investment and Services -4.1% 13,128.7% -88.6%
Consumer Services -4.2% 9,042.3% -60.3%
General Industrials -4.2% 539.6% -89.3%
Medical Equipment and Services -4.2% 114,935.8% -97.6%
Leisure Goods -5.7% 668.4% -97.6%
Retailers -5.7% 539.5% -91.6%
Beverages -5.8% 5,023.2% -79.5%
Media -7.7% 474,595.1% -99.7%
Telecommunications Service Providers -9% 580.4% -62.9%
Construction and Materials -9.4% 891.4% -80.2%


Related

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

Where could drivers find the cheapest gas in cities within Henrico County in week ending Apr. 25?

The lowest price for a gallon of diesel gas in Henrico County during the week ending Apr. 25 was $5.19, according to customer reports to GasBuddy.

U.S. Rep Robert J. Wittman Working for Virginia's 1st District

Rep. Rob Wittman discusses DHS reopening and mental health advocacy in recent statements

Rep. Rob Wittman addressed reopening the Department of Homeland Security after a prolonged shutdown and called attention to mental health awareness efforts through recent social media posts dated April 30 and May 1.

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

Wittman convenes defense leaders to discuss military capability and industrial base challenges

Rep. Rob Wittman led a roundtable with senior defense leaders on May 1 about strengthening America’s military capabilities through improved acquisition processes. The discussion included government officials, industry executives, urgent priorities facing national security needs—and emphasized Virginia’s significant role.

Trending

The Weekly Newsletter

Sign-up for the Weekly Newsletter from Henrico Times.