The strongest performing Health Care company in Arizona was Journey Medical Corp. (DERM:NAQ), sitting 213.1 percent higher to sell at $3.48.
HTG Molecular Diagnostics Inc. (HTGM:NAQ) fared the worst among Arizona companies, suffering a 97.1 percent drop to $0.6222.
Among Tucson companies, Accelerate Diagnostics Inc. (AXDX:NAQ) saw the highest rise in value of 58.7 percent on May 18.
The Financials 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.
Sector | % Change | Highest Positive Change | Largest Negative Change |
---|---|---|---|
Financials | 12.3% | 144,455.6% | -100.0% |
Consumer Discretionary | 10.8% | 6,090.5% | -99.7% |
Telecommunications | 6.3% | 4,004.3% | -93.8% |
Basic Materials | 5.2% | 8,601.3% | -99.5% |
Real Estate | 4.2% | 1,731.4% | -88.0% |
Industrials | -3.3% | 1,961.8% | -98.0% |
Utilities | -3.3% | 409.4% | -79.6% |
Health Care | -8.2% | 1,990.7% | -100.0% |
Technology | -13.1% | 542.3% | -99.6% |
Energy | -16.1% | 270.6% | -95.7% |
Consumer Staples | -41.2% | 1,910.8% | -79.9% |