Value of Flagstaff-based Basic Materials company Senestech Inc. (SNES:NAQ) rose 144.2% on May 10

Value of Flagstaff-based Basic Materials company Senestech Inc. (SNES:NAQ) rose 144.2% on May 10

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Value in Basic Materials stocks rose 0.9 percent on May 10 from the previous day.

The strongest performing Basic Materials company in Arizona was Tombstone Exploration Corp. (TMBXF:QBB), sitting 240.4 percent higher to sell at $1.

Zoned Properties Inc. (ZDPY:QBB) fared the worst among Arizona companies, suffering an 80.5 percent drop to $0.6215.

Among Flagstaff companies, Senestech Inc. (SNES:NAQ) saw the highest rise in value of 144.2 percent on May 10.

The Energy sector was the daily best-performing sector on the market.

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.

Rank of stock market sectors on May 10

Sector% ChangeHighest Positive ChangeLargest Negative Change
Energy1.2%1,177.7%-99.1%
Health Care1.1%21,828.3%-99.3%
Basic Materials0.9%440.7%-98.3%
Financials0.7%187,700%-99.9%
Consumer Discretionary-0.4%7,502%-99.3%
Telecommunications-0.6%797.4%-86.1%
Real Estate-1.3%374.8%-81.1%
Consumer Staples-1.6%930%-90.3%

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