The strongest performing Pharmaceuticals and Biotechnology company in Pennsylvania was Harmony Biosciences Holdings Inc. (HRMY:NMQ), sitting 350.5 percent higher to sell at $50.85.
Cognition Therapeutics Inc. (CGTX:NMQ) fared the worst among Pennsylvania companies, suffering a 66 percent drop to $2.88.
Among Warrington companies, Windtree Therapeutics Inc. (WINT:NAQ) saw the highest rise in value of 249.1 percent in the week ending April 16.
The Investment Banking and Brokerage Services industry was the week’s best-performing industry on the market. The market is divided into 45 different industries.
Finance and Credit Services 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.
| Industry | Percentage Change | Highest Positive Change | Largest Negative Change |
|---|---|---|---|
| Investment Banking and Brokerage Services | 4.5% | 538.8% | -99.1% |
| Personal Goods | 4.4% | 278.3% | -93.5% |
| Travel and Leisure | 4.3% | 1,874.1% | -88.2% |
| Alternative Energy | 3.9% | 653.2% | -86.1% |
| Industrial Metals and Mining | 3.8% | 10,800.9% | -98.5% |
| Telecommunications Equipment | 3.8% | 1,390.6% | -93.8% |
| Precious Metals and Mining | 3.5% | 1,381.2% | -88.7% |
| Aerospace and Defense | 3.3% | 1,823.1% | -83.8% |
| Mortgage Real Estate Investment Trusts | 3% | 88.3% | -59.8% |
| Household Goods and Home Construction | 3% | 453.4% | -90.7% |
| Industrial Transportation | 3% | 271.1% | -93.5% |
| Industrial Support Services | 2.6% | 1,925.9% | -97.9% |
| Oil, Gas and Coal | 2.4% | 14,010% | -88.7% |
| Retailers | 2.4% | 1,182.8% | -94.7% |
| Industrial Materials | 2.3% | 92.9% | -84.3% |
| Technology Hardware and Equipment | 2% | 472.9% | -96.5% |
| Beverages | 2% | 1,295.1% | -93.3% |
| Electronic and Electrical Equipment | 1.9% | 903.6% | -65.9% |
| Real Estate Investment and Services | 1.7% | 381.6% | -78.4% |
| Chemicals | 1.5% | 397.3% | -85.9% |
| Banks | 1.5% | 12,645.9% | -99.9% |
| Software and Computer Services | 1.5% | 31,619.3% | -98.9% |
| Tobacco | 1.3% | 33.3% | -72.3% |
| Consumer Services | 1% | 354.8% | -71.7% |
| Food Producers | 1% | 1,419.3% | -98.5% |
| Automobiles and Parts | 0.8% | 507.7% | -72.1% |
| Construction and Materials | 0.8% | 358% | -87.1% |
| General Industrials | 0.7% | 975.4% | -93.6% |
| Real Estate Investment Trusts | 0.5% | 358.8% | -75.5% |
| Life Insurance | 0.3% | 168.7% | -91.7% |
| Media | 0.3% | 626.5% | -82.2% |
| Open End and Miscellaneous Investment Vehicles | 0.2% | 1,357,042.9% | -99.9% |
| Personal Care, Drug and Grocery Stores | 0.2% | 110,832.3% | -58.8% |
| Industrial Engineering | -0.1% | 1,642.9% | -92.5% |
| Health Care Providers | -0.6% | 186.7% | -86.1% |
| Leisure Goods | -0.6% | 1,051.7% | -83.1% |
| Closed End Investments | -0.8% | 2,254.5% | -95.9% |
| Gas, Water and Multi-utilities | -1.2% | 377.4% | -39.7% |
| Electricity | -1.2% | 125% | -53% |
| Pharmaceuticals and Biotechnology | -1.7% | 40,385.6% | -93.8% |
| Waste and Disposal Services | -1.8% | 347.9% | -77.1% |
| Telecommunications Service Providers | -1.9% | 500.2% | -91.4% |
| Non-life Insurance | -2.1% | 575.4% | -93.3% |
| Medical Equipment and Services | -2.6% | 2,508% | -90.1% |
| Finance and Credit Services | -3.2% | 306.1% | -71% |
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