The strongest performing Technology company in Arizona was Rogers Corp. (ROG:NYQ), sitting 20.7 percent higher to sell at $263.29.
Everspin Technologies Inc. (MRAM:NMQ) fared the worst among Arizona companies, suffering a 50.1 percent drop to $4.96.
Among Scottsdale companies, SmartRent Inc. (SMRT:NYQ) saw the biggest fall in value of 14.6 percent on July 14.
The Consumer Discretionary sector was the daily best-performing sector on the market.
Basic Materials 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 |
|---|---|---|---|
| Consumer Discretionary | 0.6% | 417,653,928.4% | -100% |
| Telecommunications | -0.1% | 13,974,963.1% | -93.8% |
| Real Estate | -0.3% | 166,241,005.1% | -100% |
| Health Care | -0.4% | 245,734,481.9% | -100% |
| Consumer Staples | -0.4% | 26,346,767.2% | -100% |
| Energy | -0.5% | 143,712,434.1% | -100% |
| Technology | -0.7% | 298,678,351.4% | -100% |
| Utilities | -1.1% | 314,892,034.8% | -96.4% |
| Financials | -1.2% | 87,377,073.1% | -99.8% |
| Industrials | -1.5% | 42,673,929.1% | -100% |
| Basic Materials | -2.2% | 37,544,122.5% | -96.6% |