The strongest performing Technology company in Arizona was SmartRent Inc. (SMRT:NYQ), sitting 1,609.3 percent higher to sell at $4.32.
GoDaddy Inc. (GDDY:NYQ) fared the worst among Arizona companies, suffering a 30.7 percent drop to $70.87.
Among Tucson companies, AudioEye Inc. (AEYE:NAQ) saw the biggest fall in value of 29.5 percent on July 1.
The Energy sector was the daily best-performing sector on the market.
Utilities 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 |
|---|---|---|---|
| Energy | 15.5% | 6,073.8% | -89.3% |
| Financials | 9.3% | 556,864.5% | -100% |
| Telecommunications | 6.6% | 2,323.2% | -93.4% |
| Health Care | 5.6% | 24,377.5% | -97.8% |
| Consumer Discretionary | 3.4% | 153,000% | -98.7% |
| Technology | 2.3% | 457,064.4% | -94.3% |
| Industrials | 1.9% | 11,161.5% | -96.6% |
| Consumer Staples | 1.8% | 4,403.4% | -84.9% |
| Basic Materials | 1.7% | 48,663.9% | -94.7% |
| Real Estate | 1.6% | 4,410.6% | -98.8% |
| Utilities | 1.4% | 28,219.2% | -86.6% |