Phoenix company Orion Office Reit Inc. (ONL:NYQ) working in Real Estate sees value fall 5.8% in week ending May 28

Phoenix company Orion Office Reit Inc. (ONL:NYQ) working in Real Estate sees value fall 5.8% in week ending May 28

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Value in Real Estate stocks rose 6 percent in the week ending May 28 from the previous week.

The strongest performing Real Estate company in Arizona was STORE Capital Corp. (STOR:NYQ), sitting 66,205,625.4 percent higher to sell at $27.29.

Spirit Realty Capital Inc. (SRC:NYQ) fared the worst among Arizona companies, suffering a 23.1 percent drop to $42.12.

Among Phoenix companies, Orion Office Reit Inc. (ONL:NYQ) saw the biggest fall in value of 5.8 percent in the week ending May 28.

The Energy sector was the week’s best-performing sector on the market. The market is divided into 11 different sectors.

Health Care 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 28

Sector% ChangeHighest Positive ChangeLargest Negative Change
Energy11.4%992,637,435.8%-93.8%
Consumer Discretionary9.5%1,067,142,757.1%-99.2%
Telecommunications8.7%10,628,222.4%-97.0%
Consumer Staples8.1%183,162,222.8%-100.0%
Industrials7.9%72,188,559.1%-100.0%
Basic Materials7.4%668,237,811.3%-98.5%
Technology7.1%50,406,769%-97.4%
Real Estate6%513,942,012.9%-94.6%
Financials4.9%641,728,426%-100.0%
Utilities4.1%181,710,676.4%-82.9%
Health Care3.7%102,302,339%-99.5%

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