Value of Flagstaff-based Basic Materials company Senestech Inc. (SNES:NAQ) rose 269% on June 3

Value of Flagstaff-based Basic Materials company Senestech Inc. (SNES:NAQ) rose 269% on June 3

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Value in Basic Materials stocks rose 1.2 percent on June 3 from the previous day.

The strongest performing Basic Materials company in Arizona was Southern Copper Corp. (SCCO:NYQ), sitting 42,954,066.7 percent higher to sell at $63.44.

Zoned Properties Inc. (ZDPY:QBB) fared the worst among Arizona companies, suffering a 64.4 percent drop to $0.7099.

Among Flagstaff companies, Senestech Inc. (SNES:NAQ) saw the highest rise in value of 269 percent on June 3.

The Energy 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.

Rank of stock market sectors on June 3

Sector% ChangeHighest Positive ChangeLargest Negative Change
Energy2%692,905,344.1%-94.8%
Basic Materials1.2%352,768,200.9%-96.6%
Utilities0.4%186,299,066.5%-90.8%
Consumer Discretionary0.4%739,323,709.5%-88.0%
Consumer Staples0.2%146,882,273.1%-93.6%
Industrials-0.4%94,177,389.2%-99.9%
Real Estate-1.1%349,681,520.8%-94.1%
Health Care-1.2%172,715,975.9%-99.4%
Financials-1.7%523,333,940.3%-100.0%
Technology-2.5%61,829,766.9%-99.6%
Telecommunications-6.4%8,515,138%-97.3%

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