The strongest performing Basic Materials company in Arizona was Zoned Properties Inc. (ZDPY:QBB), sitting 260.7 percent higher to sell at $0.725.
Senestech Inc. (SNES:NAQ) fared the worst among Arizona companies, suffering a 64.9 percent drop to $0.5321.
Among Scottsdale companies, Zoned Properties Inc. (ZDPY:QBB) saw the highest rise in value of 260.7 percent in the week ending July 9.
The Technology sector was the week’s best-performing sector on the market. The market is divided into 11 different sectors.
Energy 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.
| Sector | % Change | Highest Positive Change | Largest Negative Change |
|---|---|---|---|
| Technology | 5.2% | 738,897,537.8% | -98.6% |
| Consumer Discretionary | 2.9% | 430,948,651.6% | -100.0% |
| Financials | 2.1% | 1,458,153,204.9% | -99.9% |
| Industrials | 0.5% | 210,207,458.9% | -100.0% |
| Telecommunications | -0.1% | 34,041,938.2% | -85.6% |
| Health Care | -0.2% | 589,206,727.3% | -99.7% |
| Basic Materials | -0.2% | 1,889,693.4% | -83.9% |
| Consumer Staples | -0.8% | 2,493,256.6% | -85.6% |
| Real Estate | -2.1% | 27,050,210.1% | -95.1% |
| Utilities | -2.9% | 2,845,511.1% | -60.5% |
| Energy | -9.6% | 233,507,416.5% | -90.8% |