The strongest performing Consumer Discretionary company in Arizona was Engage Mobility Inc. (ENGA:PKC), sitting 193 percent higher to sell at $1.22.
InnSuites Hospitality Trust (IHT:ASQ) fared the worst among Arizona companies, suffering a 84.4 percent drop to $2.53.
Among Scottsdale companies, Engage Mobility Inc. (ENGA:PKC) saw the highest rise in value of 193 percent in the week ending April 30.
The Energy sector was the week’s best performing sector on the market. The market is divided into 11 different sectors.
Real Estate 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 | -0.2% | 97,446,635.6% | -71.1% |
| Basic Materials | -0.6% | 232,145,549.8% | -70.3% |
| Consumer Staples | -0.7% | 307,343,782.7% | -100.0% |
| Consumer Discretionary | -2.0% | 477,555,361.4% | -97.3% |
| Technology | -2.5% | 34,121,533.5% | -95.9% |
| Industrials | -3.2% | 77,674,968.5% | -97.4% |
| Utilities | -4.1% | 93,550,388.6% | -57.1% |
| Financials | -4.6% | 31,142,467.2% | -100.0% |
| Telecommunications | -5.1% | 753,519,393.2% | -94.4% |
| Health Care | -5.2% | 78,348,793.2% | -99.9% |
| Real Estate | -6.0% | 401,881,922.5% | -97.1% |