The strongest performing Health Care company in Arizona was Weed Inc. (BUDZ:QBB), sitting 750.5 percent higher to sell at $0.09.
HTG Molecular Diagnostics Inc. (HTGM:NAQ) fared the worst among Arizona companies, suffering a 52.8 percent drop to $1.54.
Among Scottsdale companies, Journey Medical Corp. (DERM:NAQ) saw the highest rise in value of 321.1 percent on July 12.
The Financials sector was the daily best-performing sector on the market.
Consumer Staples 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 |
|---|---|---|---|
| Financials | 95.3% | 1,251,869.2% | -99.8% |
| Telecommunications | 41.3% | 360.1% | -91% |
| Real Estate | 7.6% | 15,819.9% | -84.8% |
| Consumer Discretionary | 4.2% | 1,822.4% | -99.7% |
| Utilities | 1.6% | 177.5% | -53% |
| Health Care | 0.6% | 44,131.2% | -93.3% |
| Basic Materials | -1.8% | 2,216.8% | -93.8% |
| Industrials | -4.7% | 847.8% | -79.4% |
| Technology | -13.4% | 340.8% | -73.9% |
| Energy | -20.6% | 465.5% | -91.8% |
| Consumer Staples | -41.3% | 103.2% | -80.7% |