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Thursday, November 14, 2024

Jackson company CMS Energy Corp. (CMS:NYQ) working in Electricity sees value rise 56.8% in week ending Aug. 13

Stock market 16 edited

Value in Electricity stocks rose 2.3 percent in the week ending Aug. 13 from the previous week.

The strongest performing Electricity company in Michigan was DTE Energy Co. (DTE:NYQ), sitting 81.4 percent higher to sell at $133.33.

CMS Energy Corp. (CMS:NYQ) experienced the smallest increase in share price among Michigan companies, rising 56.8 percent to sell at $68.68.

The Media industry was the week’s best-performing industry on the market. The market is divided into 45 different industries.

Telecommunications Service Providers 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. 13

IndustryPercentage ChangeHighest Positive ChangeLargest Negative Change
Media13.3%12,962,655.6%-99.7%
Pharmaceuticals and Biotechnology7.8%170,311,992.1%-99.9%
Life Insurance7.5%19,020,818.4%-95.7%
Industrial Metals and Mining6.7%11,327,832%-94.1%
Real Estate Investment and Services6%5,067,713%-99.8%
Leisure Goods6%119,607,449.5%-99.1%
Software and Computer Services5.8%42,083,794.9%-99.8%
Automobiles and Parts5.8%315,361.3%-92.8%
Industrial Transportation5.5%25,251,150.3%-99.9%
Industrial Engineering5.3%13,532,062.4%-99.9%
General Industrials5.3%31,696,779.9%-99.8%
Industrial Materials5.2%15,906.5%-95%
Precious Metals and Mining5%11,488,642.5%-97.7%
Travel and Leisure4.6%14,960,438.4%-99.7%
Chemicals4.5%499,137.8%-99.5%
Telecommunications Equipment4.4%100,449.4%-79%
Retailers4.4%131,802,786.1%-99.9%
Personal Care, Drug and Grocery Stores4.4%8,870,960.2%-97.5%
Aerospace and Defense4.1%5,434,723.8%-95.9%
Construction and Materials3.9%585,400.9%-99.9%
Non-life Insurance3.8%1,654,349.6%-99.9%
Real Estate Investment Trusts3.7%105,198,554.9%-99.1%
Oil, Gas and Coal3.5%23,295,604.7%-99.9%
Tobacco3.3%5,120,732.8%-
Personal Goods2.7%36,332,262.2%-99.8%
Health Care Providers2.7%2,760,548.1%-94%
Electricity2.3%24,020,763.3%-92%
Household Goods and Home Construction2.2%16,510,588.5%-97%
Finance and Credit Services2%3,551,686.8%-99.3%
Industrial Support Services2%65,009,481%-99.9%
Medical Equipment and Services2%25,432,229.3%-98.2%
Waste and Disposal Services1.9%30,714,700.6%-97.1%
Banks1.8%14,353,669.4%-99.9%
Mortgage Real Estate Investment Trusts1.8%5,393,616.6%-78.2%
Food Producers1.7%52,166,626.8%-99.9%
Closed End Investments0.7%19,494,690.4%-99.9%
Electronic and Electrical Equipment0.5%5,192,995.3%-99.9%
Technology Hardware and Equipment0.5%25,310,613.6%-98.7%
Open End and Miscellaneous Investment Vehicles0.2%15,142,719.9%-99.9%
Gas, Water and Multi-utilities-0.2%47,668,246.5%-92.6%
Beverages-0.4%112,116,162%-90.9%
Consumer Services-1.3%134,313,282.1%-99.7%
Alternative Energy-1.4%9,436,704%-87.6%
Investment Banking and Brokerage Services-2.8%56,787,244.4%-99.8%
Telecommunications Service Providers-4.7%1,959,685.9%-47%

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