The strongest performing Technology company in Arizona was AudioEye Inc. (AEYE:NAQ), sitting 140.1 percent higher to sell at $5.84.
GoDaddy Inc. (GDDY:NYQ) fared the worst among Arizona companies, suffering a 16.7 percent drop to $70.81.
Among Scottsdale companies, SmartRent Inc. (SMRT:NYQ) saw the biggest fall in value of 9.1 percent on July 15.
The Financials sector was the daily best-performing sector on the market.
Telecommunications 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 | 3.5% | 60,409,346.3% | -100% |
| Basic Materials | 2.5% | 28,308,303.4% | -83.2% |
| Energy | 2.1% | 127,804,189.5% | -93.9% |
| Real Estate | 1.9% | 57,793,061.3% | -92.8% |
| Industrials | 1.7% | 513,111,802.6% | -98.4% |
| Health Care | 1.5% | 30,881,829.3% | -97.6% |
| Consumer Staples | 1.3% | 588,564.4% | -94.1% |
| Technology | 1.3% | 4,662,721.3% | -87.3% |
| Utilities | 0.8% | 15,524,472.3% | -72.9% |
| Consumer Discretionary | 0.2% | 54,838,687.7% | -93.9% |
| Telecommunications | -1.8% | 438,555,653.6% | -86% |