Value of Lynchburg-based Aerospace and Defense company BWX Technologies Inc. (BWXT:NYQ) rose 1.8% in week ending July 23

0Comments

Value in Aerospace and Defense stocks rose 1.1 percent in the week ending July 23 from the previous week.

The strongest performing Aerospace and Defense company in Virginia was Boeing Co. (BA:NYQ), sitting 2.7 percent higher to sell at $158.16.

Northrop Grumman Corp. (NOC:NYQ) fared the worst among Virginia companies, suffering a 41.6 percent drop to $451.85.

Among Lynchburg companies, BWX Technologies Inc. (BWXT:NYQ) saw the highest rise in value of 1.8 percent in the week ending July 23.

The Medical Equipment and Services industry was the week’s best-performing industry on the market. The market is divided into 44 different industries.

Pharmaceuticals and Biotechnology 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 July 23

Industry Percentage Change Highest Positive Change Largest Negative Change
Medical Equipment and Services 11.7% 2,960.3% -97.5%
Life Insurance 7% 48.6% -91.5%
Household Goods and Home Construction 6.8% 249.9% -73.4%
Technology Hardware and Equipment 6.8% 1,615.7% -61.9%
General Industrials 6.5% 3,073.5% -80.4%
Industrial Metals and Mining 6.3% 494.7% -99.9%
Chemicals 6.2% 895.4% -70.3%
Personal Goods 6.1% 2,713% -84.4%
Industrial Engineering 6.1% 1,876% -92.3%
Real Estate Investment and Services 6% 525.9% -93.2%
Industrial Transportation 5.9% 299.1% -90.7%
Leisure Goods 5.5% 704.7% -73.2%
Tobacco 5.2% 4,071.5% -60.5%
Construction and Materials 4.7% 390.3% -99.2%
Consumer Services 4.6% 353.2% -93.9%
Oil, Gas and Coal 4.6% 999% -85.1%
Industrial Materials 4.5% 153.4% -50%
Alternative Energy 4.4% 403% -66.4%
Finance and Credit Services 4.3% 817.5% -87.6%
Telecommunications Equipment 3.9% 453.3% -96.8%
Industrial Support Services 3.9% 1,461.8% -97.8%
Investment Banking and Brokerage Services 3.8% 829% -88.7%
Mortgage Real Estate Investment Trusts 3.8% 78.4% -81.5%
Software and Computer Services 3.7% 9,075.2% -95.3%
Electronic and Electrical Equipment 3.6% 1,040.7% -99.4%
Telecommunications Service Providers 3.1% 713.6% -94.5%
Banks 2.8% 8,302.3% -93.4%
Travel and Leisure 2.8% 4,492.7% -99.1%
Real Estate Investment Trusts 2.7% 361.6% -77%
Waste and Disposal Services 2.3% 731.6% -75.1%
Beverages 2.2% 624.8% -70.9%
Health Care Providers 1.9% 14,241.2% -92.1%
Personal Care, Drug and Grocery Stores 1.9% 111% -95.8%
Food Producers 1.9% 1,168.7% -77.3%
Media 1.2% 11,338.5% -94.4%
Closed End Investments 1.2% 1,065.7% -94.5%
Aerospace and Defense 1.1% 13,894.9% -66.5%
Automobiles and Parts 1.1% 305.5% -99.7%
Precious Metals and Mining 0.9% 123.7% -81.6%
Retailers 0.2% 90,591.7% -88.1%
Open End and Miscellaneous Investment Vehicles 0.1% 227,305.5% -100%
Non-life Insurance -0.4% 1,905.1% -90.7%
Electricity -0.5% 911% -68.1%
Pharmaceuticals and Biotechnology -0.7% 4,075.3% -99.6%


Related

David Rosner, Commissioner of Federal Energy Regulatory Commission (FERC)

Lowest price for midgrade gas in Amherst County at $4.18 in week ending May 2

The cheapest per-gallon price for midgrade gas in Amherst County during the week ending May 2 was $4.18 per gallon.

Judy W. Chang, Commissioner of Federal Energy Regulatory Commission (FERC)

Campbell County sees lowest price for diesel gas at $5.09 in week ending May 2

The week’s cheapest diesel gas price in Campbell County stood at $5.09 per gallon in the week ending May 2.

John McGuire, US Representative for Virginia's 5th Congressional District

Congressman John McGuire highlights police week tributes, retail crime act support, and maternal health resource

Congressman John McGuire posted messages on May 11-12 recognizing fallen police officers during National Police Week, supporting anti-retail crime legislation, and promoting a new federal resource for mothers launched by President Trump’s…

Trending

The Weekly Newsletter

Sign-up for the Weekly Newsletter from Lynchburg Reporter.