Value of Johnstown-based Banks company Ameriserv Financial Inc. (ASRV:NMQ) fell 92.3% in July

0Comments

Value in Banks stocks rose 4.7 percent in July from the previous month.

The strongest performing Banks company in Pennsylvania was CB Financial Services Inc. (CBFV:NMQ), sitting 591.4 percent higher to sell at $23.67.

Ameriserv Financial Inc. (ASRV:NMQ) fared the worst among Pennsylvania companies, suffering a 92.3 percent drop to $3.94.

The Alternative Energy industry was the month’s best-performing industry on the market. The market is divided into 44 different industries.

Precious Metals and Mining 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 July

Industry Percentage Change Highest Positive Change Largest Negative Change
Alternative Energy 139.9% 27,463.8% -99.9%
Technology Hardware and Equipment 18.5% 7,470.4% -99.9%
Waste and Disposal Services 17.7% 8,559.5% -99.8%
Electronic and Electrical Equipment 17.4% 1,463.3% -99.9%
Telecommunications Equipment 15.9% 863% -86.8%
Leisure Goods 15.9% 9,812.4% -99.9%
Investment Banking and Brokerage Services 15.7% 981% -99.3%
Mortgage Real Estate Investment Trusts 15% 1,743% -99.9%
Automobiles and Parts 14.9% 599.5% -99.9%
Household Goods and Home Construction 13.6% 4,754.4% -91.3%
Media 13.1% 886.4% -99.9%
Industrial Engineering 12.5% 1,629,794.6% -99.8%
General Industrials 11.6% 847.7% -99.9%
Industrial Support Services 10.7% 73,430.8% -99.9%
Oil, Gas and Coal 10.6% 43,925.8% -99.9%
Industrial Materials 10.6% 3,362,068.6% -89.1%
Travel and Leisure 10.2% 20,592.7% -99.8%
Industrial Metals and Mining 9.9% 59,786.7% -99.6%
Industrial Transportation 9.8% 91,650% -99.6%
Beverages 9.7% 978% -97.3%
Construction and Materials 9.6% 8,452.7% -99.8%
Personal Goods 9.6% 152,865.7% -69.6%
Consumer Services 8.6% 5,004.8% -97.8%
Medical Equipment and Services 8.4% 1,959.3% -99.9%
Telecommunications Service Providers 7.5% 174,246.6% -77.7%
Real Estate Investment and Services 6.7% 15,976% -99.9%
Real Estate Investment Trusts 6.7% 32,203,730.7% -99.8%
Gas, Water and Multi-utilities 6.3% 205.1% -87.1%
Aerospace and Defense 6.2% 202,816% -99.9%
Pharmaceuticals and Biotechnology 5.9% 898,403.1% -99.9%
Electricity 5.9% 150.5% -99.1%
Closed End Investments 5.4% 773.1% -99.9%
Chemicals 5.4% 1,076,737.3% -99.9%
Finance and Credit Services 5.1% 1,345.4% -76.7%
Software and Computer Services 4.8% 72,504.8% -99.9%
Banks 4.7% 227,120.2% -97.2%
Retailers 4.6% 1,214,633.3% -99.9%
Tobacco 4.4% 18,102.3% -99.8%
Food Producers 4.4% 1,801,166.7% -99.4%
Life Insurance 2.9% 1,247.9% -63.1%
Personal Care, Drug and Grocery Stores 2.6% 76,418.7% -84.1%
Open End and Miscellaneous Investment Vehicles 1.2% 9,562,582.1% -99.9%
Health Care Providers -2.9% 64,997.1% -99.5%
Precious Metals and Mining -16.6% 2,814.4% -99.9%


Related

Lindsay S. See, Commissioner of Federal Energy Regulatory Commission (FERC)

Where could drivers find the cheapest gas in cities within Cambria County in week ending Mar. 7?

The cheapest per-gallon price for midgrade gas in Cambria County during the week ending Mar. 7 was $3.25 per gallon.

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

A single gas station in cities throughout Cambria County had the cheapest E15 gas in week ending Mar. 7

For the week ending Mar. 7, the lowest reported price of E15 gas in Cambria County stood at $2.99 per gallon.

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

Cheapest diesel gas in Cambria County at $3.99 per gallon in week ending Mar. 7

The cheapest per-gallon price for diesel gas in Cambria County during the week ending Mar. 7 was $3.99 per gallon.

Trending

The Weekly Newsletter

Sign-up for the Weekly Newsletter from Cambria Times.