Value of Mesa-based Industrials company Verra Mobility Corp. (VRRM:NAQ) fell 20% in week ending June 4

Value of Mesa-based Industrials company Verra Mobility Corp. (VRRM:NAQ) fell 20% in week ending June 4

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Value in Industrials stocks fell 0.2 percent in the week ending June 4 from the previous week.

The strongest performing Industrials company in Arizona was VirTra Inc. (VTSI:NAQ), sitting 71.5 percent higher to sell at $4.96.

Wrap Technologies Inc. (WRAP:NAQ) fared the worst among Arizona companies, suffering a 45.8 percent drop to $2.24.

Among Mesa companies, Verra Mobility Corp. (VRRM:NAQ) saw the biggest fall in value of 20 percent in the week ending June 4.

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

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 in week ending June 4

Sector% ChangeHighest Positive ChangeLargest Negative Change
Energy3.4%692,905,344.1%-94.8%
Health Care1.7%172,715,975.9%-99.4%
Industrials-0.2%94,177,389.2%-99.9%
Basic Materials-0.4%352,768,200.9%-97.5%
Consumer Discretionary-0.5%739,323,709.5%-93.8%
Utilities-0.7%186,299,066.5%-90.8%
Technology-0.8%61,829,766.9%-99.6%
Financials-1.7%523,333,940.3%-100.0%
Real Estate-1.8%349,681,520.8%-94.1%
Telecommunications-1.8%8,515,138%-97.3%
Consumer Staples-4.0%146,882,273.1%-93.6%

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