The strongest performing Consumer Discretionary company in Arizona was InnSuites Hospitality Trust (IHT:ASQ), sitting 3,677.9 percent higher to sell at $2.88.
Universal Technical Institute Inc. (UTI:NYQ) fared the worst among Arizona companies, suffering a 10.8 percent drop to $7.13.
Among Scottsdale companies, Meritage Homes Corp. (MTH:NYQ) saw the highest rise in value of 99.9 percent on June 30.
The Utilities sector was the daily best-performing sector on the market.
Financials 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 |
|---|---|---|---|
| Utilities | 0.8% | 28,756,698.2% | -100% |
| Industrials | -0.4% | 7,363,525.2% | -100% |
| Consumer Staples | -0.7% | 156,563,283.5% | -100% |
| Real Estate | -1.3% | 234,602,598.7% | -100% |
| Health Care | -1.5% | 41,311,939% | -100% |
| Consumer Discretionary | -2.6% | 11,209,500% | -100% |
| Telecommunications | -3% | 8,215.2% | -100% |
| Basic Materials | -3% | 1,039,790.6% | -100% |
| Technology | -3.7% | 549,654,915.2% | -99.4% |
| Energy | -4.6% | 198,206,974% | -100% |
| Financials | -7.4% | 77,171,605.2% | -100% |