The strongest performing Health Care company in Arizona was Journey Medical Corp. (DERM:NAQ), sitting 223.9 percent higher to sell at $3.95.
Weed Inc. (BUDZ:QBB) fared the worst among Arizona companies, suffering a 29.1 percent drop to $0.1699.
Among Scottsdale companies, Journey Medical Corp. (DERM:NAQ) saw the highest rise in value of 223.9 percent on May 27.
The Technology sector was the daily best-performing sector on the market.
Telecommunications 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 |
|---|---|---|---|
| Technology | 4.7% | 85,870,426.3% | -89.5% |
| Industrials | 4% | 69,822,553.7% | -95.5% |
| Health Care | 3.6% | 926,560,875.6% | -94.0% |
| Financials | 2.9% | 81,690,910.8% | -100.0% |
| Consumer Discretionary | 2.5% | 134,790,361.4% | -98.4% |
| Consumer Staples | 2.3% | 9,108,165.7% | -99.8% |
| Energy | 1.9% | 370,540,440.5% | -92.7% |
| Real Estate | 1.7% | 94,793,284.2% | -99.0% |
| Basic Materials | -0.1% | 11,461,000.9% | -85.6% |
| Telecommunications | -0.7% | 35,206,824.5% | -96.8% |