Value of Consumer Staples company RiceBran Technologies (RIBT:NAQ) based in Scottsdale rose 998.6% on June 30

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Value in Consumer Staples stocks fell 0.7 percent on June 30 from the previous day.

The strongest performing Consumer Staples company in Arizona was RiceBran Technologies (RIBT:NAQ), sitting 998.6 percent higher to sell at $0.67.

Alkaline Water Company Inc. (WTER:NAQ) experienced the smallest increase in share price among Arizona companies, rising 14.3 percent to sell at $0.393.

Among Scottsdale companies, RiceBran Technologies (RIBT:NAQ) saw the highest rise in value of 998.6 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.

Rank of stock market sectors on June 30

Sector% ChangeHighest Positive ChangeLargest Negative Change
Utilities0.8%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%

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