The strongest performing Industrials company in Arizona was Carlisle Companies Inc. (CSL:NYQ), sitting 23 percent higher to sell at $262.9.
Wrap Technologies Inc. (WRAP:NAQ) fared the worst among Arizona companies, suffering a 43.5 percent drop to $2.49.
Among Mesa companies, Verra Mobility Corp. (VRRM:NAQ) saw the biggest fall in value of 13.6 percent in the week ending May 7.
The Energy sector was the week’s best performing sector on the market. The market is divided into 11 different sectors.
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 |
|---|---|---|---|
| Energy | 5.6% | 16,344.4% | -89.8% |
| Industrials | 1.1% | 919.1% | -99.6% |
| Utilities | 0.5% | 245.3% | -87.7% |
| Basic Materials | 0.3% | 53,300% | -93.0% |
| Consumer Discretionary | -0.7% | 2,767% | -99.1% |
| Financials | -1.0% | 169,772.2% | -100.0% |
| Telecommunications | -2.4% | 3,153.5% | -96.4% |
| Health Care | -2.5% | 2,862.6% | -99.9% |
| Technology | -3.0% | 6,544.2% | -98.2% |
| Real Estate | -3.6% | 486.1% | -82.9% |
| Consumer Staples | -4.9% | 20,359.1% | -98.2% |