Value of Cornelius-based Open End and Miscellaneous Investment Vehicles company Mallard Acquisition Corp. (MACU:NAQ) rose 2,507.6% in week ending April 2

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Value in Open End and Miscellaneous Investment Vehicles stocks rose 0.1 percent in the week ending April 2 from the previous week.

The strongest performing Open End and Miscellaneous Investment Vehicles company in North Carolina was Mallard Acquisition Corp. (MACU:NAQ), sitting 2,507.6 percent higher to sell at $10.09.

Barings Global Short Duration High Yield Fund (BGH:NYQ) fared the worst among North Carolina companies, suffering a 29.1 percent drop to $15.65.

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

Industrial Transportation 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.

Rank of stock market industries in week ending April 2

Industry Percentage Change Highest Positive Change Largest Negative Change
Finance and Credit Services 99.6% 1,028.9% -81%
Telecommunications Equipment 7.8% 2,950.9% -83%
Real Estate Investment Trusts 4.2% 2,889.3% -84.9%
Food Producers 4% 14,857.6% -92.1%
Gas, Water and Multi-utilities 3.7% 163.6% -62.9%
Electricity 3% 1,356.4% -69%
Medical Equipment and Services 3% 22,356.8% -96.6%
Software and Computer Services 3% 3,849% -95%
Health Care Providers 2.8% 1,747.5% -80.8%
Pharmaceuticals and Biotechnology 2.3% 72,545.9% -96.9%
Waste and Disposal Services 2.2% 746.1% -50.4%
Closed End Investments 2.1% 2,702.7% -92.8%
Tobacco 1.9% 434.9% -89.7%
Mortgage Real Estate Investment Trusts 1.6% 163.2% -74.2%
Beverages 1.4% 671.5% -83.7%
Non-life Insurance 1% 302.9% -82.7%
Alternative Energy 0.8% 440.8% -75.5%
Industrial Support Services 0.7% 4,670.5% -75.4%
Media 0.7% 9,980.1% -93.5%
Banks 0.5% 46,358.9% -99.7%
Automobiles and Parts 0.4% 462% -70.3%
Oil, Gas and Coal 0.4% 4,477.5% -99.7%
Consumer Services 0.3% 9,300% -84.9%
Travel and Leisure 0.3% 19,698% -99.4%
Open End and Miscellaneous Investment Vehicles 0.1% 379,139.1% -99.9%
Personal Care, Drug and Grocery Stores 0.1% 61,036.1% -74.2%
Industrial Materials -0.3% 2,759% -78.8%
Real Estate Investment and Services -0.3% 729.8% -96.4%
General Industrials -0.4% 1,606.1% -53.1%
Chemicals -0.5% 264.3% -80.5%
Leisure Goods -0.7% 1,088.1% -45.3%
Personal Goods -0.9% 487.2% -52.1%
Life Insurance -0.9% 267.5% -53.2%
Aerospace and Defense -1.1% 5,845.8% -85.6%
Industrial Metals and Mining -1.4% 2,290.8% -88.8%
Construction and Materials -1.7% 59,868% -91.8%
Technology Hardware and Equipment -1.8% 10,097.1% -71.6%
Electronic and Electrical Equipment -2% 85,688% -94.7%
Industrial Engineering -2.2% 4,586.2% -87.3%
Retailers -2.6% 113,233.3% -97.8%
Household Goods and Home Construction -2.7% 411.7% -95.6%
Investment Banking and Brokerage Services -3.1% 27,388.6% -90%
Precious Metals and Mining -3.5% 27,743.2% -70.1%
Industrial Transportation -5.1% 3,818.8% -88.3%


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