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Greenwich company XPO Logistics Inc (XPO:NYQ) working in Industrial Transportation sees value rise 77.3% on Aug. 4

Published 08/05/23

The value in Industrial Transportation stocks rose 1.7 percent on Aug. 4 from the previous day.

The strongest performing Industrial Transportation company in Connecticut was XPO Logistics Inc (XPO:NYQ), sitting 77.3 percent higher to sell at $71.32.

United Rentals Inc (URI:NYQ) fared the worst among Connecticut companies, suffering a 19.7 percent drop to $465.81.

Among Greenwich companies, XPO Logistics Inc (XPO:NYQ) saw the highest rise in value of 77.3 percent on Aug. 4.

The Household Goods and Home Construction industry was the daily best-performing industry on the market. The market is divided into 47 different industries.

Travel and Leisure 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 Aug. 4

Industry% ChangeHighest Positive ChangeLargest Negative Change
Household Goods and Home Construction412.1%377.2%-100%
Precious Metals and Mining211.3%1,108.9%-72.3%
Banks176.5%6,234,388.1%-93.5%
Personal Goods94.8%5,891.9%-42.4%
Consumer Services88.3%98,949%-72.7%
Tobacco60%420%-59.6%
Automobiles and Parts51%10,315.6%-100%
Electricity50.4%236.1%-92.2%
Life Insurance41.3%154.1%-83.2%
Pharmaceuticals and Biotechnology37.3%15,363,897.9%-100%
Real Estate Investment and Services32%15,329,253.8%-100%
Industrial Support Services28.4%1,169.1%-96%
Aerospace and Defense24.9%3,981.4%-100%
Health Care Providers22.9%3,138.5%-100%
Software and Computer Services21.9%120,938.9%-100%
Alternative Energy21%991.3%-100%
Personal Care, Drug and Grocery Stores13.9%516.5%-39.7%
Chemicals13.7%76,129.6%-100%
Finance and Credit Services13%11,083.6%-73.8%
General Industrials8.8%2,004.9%-100%
Construction and Materials7%876,673.2%-100%
Electronic and Electrical Equipment2.4%967.6%-93.3%
Industrial Transportation1.7%13,225.1%-100%
Industrial Metals and Mining1.1%3,791.4%-100%
Telecommunications Equipment-0.5%1,090.1%-100%
Leisure Goods-1.3%185%-62.2%
Open End and Miscellaneous Investment Vehicles-2.9%21,345.7%-100%
Mortgage Real Estate Investment Trusts-3.6%872.6%-93.7%
Medical Equipment and Services-5.6%38,295,471.3%-100%
Non-life Insurance-7.7%1,341.5%-100%
Industrial Engineering-8.9%763.9%-91.7%
Real Estate Investment Trusts-11.5%14,902,529%-100%
Closed End Investments-15.2%7,761,471.9%-100%
Gas, Water and Multi-utilities-17%1,388.7%-100%
Investment Banking and Brokerage Services-17.7%346,443.4%-100%
Waste and Disposal Services-19.4%1,235.6%-100%
Beverages-20.2%2,505.7%-93.5%
Oil, Gas and Coal-20.5%1,378,798.7%-100%
Retailers-21.8%7,202,968.6%-100%
Industrial Materials-22.2%489.7%-37.3%
Technology-22.3%1,719.2%-100%
Technology Hardware and Equipment-24.8%82,335.3%-64.1%
Consumer Discretionary-28.7%78.7%-51.6%
Telecommunications Service Providers-39.9%5,637.2%-
Food Producers-40.6%5,220.1%-100%
Media-41.5%8,375%-100%
Travel and Leisure-46.5%2,109.7%-93.7%

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