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Canton Reporter

Wednesday, October 16, 2024

North Canton-based Technology company Diebold Nixdorf Inc. (DBD:NYQ) sees value rise 82.9% on July 15

Stock market 13 edited

Value in Technology stocks rose 1.3 percent on July 15 from the previous day.

The strongest performing Technology company in Ohio was Diebold Nixdorf Inc. (DBD:NYQ), sitting 82.9 percent higher to sell at $3.09.

Vertiv Holdings Co. (VRT:NYQ) experienced the smallest increase in share price among Ohio companies, rising 24.4 percent to sell at $8.94.

Among North Canton companies, Diebold Nixdorf Inc. (DBD:NYQ) saw the highest rise in value of 82.9 percent on July 15.

The Financials sector was the daily best-performing sector on the market.

Telecommunications was the worst-performing sector.

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 sectors on July 15

Sector% ChangeHighest Positive ChangeLargest Negative Change
Financials3.5%60,409,346.3%-100%
Basic Materials2.5%28,308,303.4%-83.2%
Energy2.1%127,804,189.5%-93.9%
Real Estate1.9%57,793,061.3%-92.8%
Industrials1.7%513,111,802.6%-98.4%
Health Care1.5%30,881,829.3%-97.6%
Consumer Staples1.3%588,564.4%-94.1%
Technology1.3%4,662,721.3%-87.3%
Utilities0.8%15,524,472.3%-72.9%
Consumer Discretionary0.2%54,838,687.7%-93.9%
Telecommunications-1.8%438,555,653.6%-86%

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