The strongest performing Health Care company in Arizona was Weed Inc. (BUDZ:QBB), sitting 253.4 percent higher to sell at $0.14.
HTG Molecular Diagnostics Inc. (HTGM:NAQ) fared the worst among Arizona companies, suffering a 4.5 percent drop to $0.52.
Among Scottsdale companies, Journey Medical Corp. (DERM:NAQ) saw the highest rise in value of 69.3 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.
| Sector | % Change | Highest Positive Change | Largest Negative Change |
|---|---|---|---|
| Energy | 3.4% | 692,905,344.1% | -94.8% |
| Health Care | 1.7% | 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% |