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Value of Kalispell-based Banks company Glacier Bancorp Inc. (GBCI:NYQ) rose 1,530,300% on Jan. 31

Published 02/01/23

The value in Banks stocks rose 1.8 percent on Jan. 31 from the previous day.

The strongest performing Banks company in Montana was Glacier Bancorp Inc. (GBCI:NYQ), sitting 1,530,304.9 percent higher to sell at $45.59.

Eagle Bancorp Montana Inc. (EBMT:NMQ) fared the worst among Montana companies, suffering a 68.3 percent drop to $16.73.

Among Kalispell companies, Glacier Bancorp Inc. (GBCI:NYQ) saw the highest rise in value of 1,530,300 percent on Jan. 31.

The Technology industry was the daily best-performing industry on the market. The market is divided into 45 different industries.

Aerospace and Defense 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 on Jan. 31

Industry% ChangeHighest Positive ChangeLargest Negative Change
Technology282.3%71,554,205.3%-100%
Non-life Insurance82.2%169,346,053.8%-100%
Finance and Credit Services37.9%628.4%-100%
Personal Care, Drug and Grocery Stores32.6%96.7%-100%
Precious Metals and Mining27.3%130,664,002.6%-100%
Industrial Metals and Mining12.7%3,883,068.6%-59.3%
Telecommunications Service Providers11.5%759%-70.6%
Industrial Support Services10.9%32,457,813.7%-100%
Food Producers10.9%7,070,651.4%-100%
Real Estate Investment and Services8.1%5,630.5%-100%
Life Insurance7.2%695%-78.5%
Industrial Transportation7.2%20,091,574.6%-100%
Leisure Goods7.1%122,398.2%-100%
Travel and Leisure6.6%85,226,295.6%-100%
Mortgage Real Estate Investment Trusts5.3%167,131,441.7%-100%
Technology Hardware and Equipment4.9%4,391.4%-100%
General Industrials4.7%64,209,643%-100%
Automobiles and Parts3.6%125,351.1%-100%
Real Estate Investment Trusts3.5%281,943,521%-100%
Construction and Materials3.3%3,234,935.2%-100%
Tobacco3.1%703.3%-
Alternative Energy3%246.1%-100%
Consumer Discretionary2.7%459.5%-63.2%
Software and Computer Services2.4%38,013,202%-100%
Banks1.8%6,882,089.2%-100%
Waste and Disposal Services1.7%535.4%-82.8%
Media1.7%188,432.4%-100%
Gas, Water and Multi-utilities1.5%4,299.7%-100%
Electricity1.1%917,402.9%-100%
Pharmaceuticals and Biotechnology1%35,379,330.1%-100%
Health Care Providers0.5%2,782,488.6%-100%
Electronic and Electrical Equipment0.2%124,062,040%-100%
Closed End Investments-0.3%8,462,438.6%-100%
Industrial Materials-1.6%57,105,573.8%-99.8%
Oil, Gas and Coal-2.1%55,665,356.7%-100%
Telecommunications Equipment-2.5%244%-100%
Chemicals-2.8%28,411.8%-100%
Investment Banking and Brokerage Services-4.4%76,016,715%-100%
Consumer Services-5.1%6,560,393.4%-100%
Medical Equipment and Services-5.5%23,752,882.1%-100%
Personal Goods-7.9%3,300%-100%
Household Goods and Home Construction-9.6%3,076,765.2%-100%
Industrial Engineering-9.7%63,838,083.5%-100%
Beverages-10.2%106,127.5%-97.6%
Aerospace and Defense-18.4%22,975%-100%

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