Value of Industrials company Verra Mobility Corp. (VRRM:NAQ) based in Mesa rose 2,202,480% in week ending May 14

Value of Industrials company Verra Mobility Corp. (VRRM:NAQ) based in Mesa rose 2,202,480% in week ending May 14

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Value in Industrials stocks fell 3.2 percent in the week ending May 14 from the previous week.

The strongest performing Industrials company in Arizona was Verra Mobility Corp. (VRRM:NAQ), sitting 2,202,476.3 percent higher to sell at $14.88.

VirTra Inc. (VTSI:NAQ) fared the worst among Arizona companies, suffering a 36.8 percent drop to $5.

Among Mesa companies, Verra Mobility Corp. (VRRM:NAQ) saw the highest rise in value of 2,202,480 percent in the week ending May 14.

The Consumer Staples sector was the week’s best-performing sector on the market. The market is divided into 10 different sectors.

Energy 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.

Rank of stock market sectors in week ending May 14

Sector% ChangeHighest Positive ChangeLargest Negative Change
Consumer Staples1.3%335,348,389%-96.7%
Telecommunications0.2%193,001,042.5%-83.0%
Consumer Discretionary-0.5%695,786,897.4%-87.7%
Real Estate-1.8%144,072,689%-88.9%
Technology-2.7%696,541,402%-95.1%
Basic Materials-3.0%341,638,251.6%-70.9%
Industrials-3.2%444,038,984.4%-95.3%
Financials-3.7%611,164,975%-100.0%
Health Care-5.1%678,563,155.8%-97.3%
Energy-5.5%416,219,371.9%-84.0%

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