The strongest performing Real Estate company in Arizona was Healthcare Trust Of America Inc. (HTA:NYQ), sitting 103.1 percent higher to sell at $29.24.
STORE Capital Corp. (STOR:NYQ) fared the worst among Arizona companies, suffering a 100 percent drop to $26.65.
Among Phoenix companies, Orion Office Reit Inc. (ONL:NYQ) saw the highest rise in value of 64.2 percent on June 9.
The Consumer Staples sector was the daily best-performing sector on the market.
Financials 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 |
|---|---|---|---|
| Consumer Staples | 1% | 2,032.9% | -100.0% |
| Telecommunications | -1.0% | 1,114.7% | -100.0% |
| Real Estate | -1.0% | 460.7% | -100.0% |
| Consumer Discretionary | -1.2% | 3,237.8% | -100.0% |
| Industrials | -1.2% | 1,495.6% | -100.0% |
| Utilities | -1.9% | 692.9% | -100.0% |
| Technology | -2.2% | 1,186.8% | -100.0% |
| Health Care | -2.3% | 1,035.7% | -100.0% |
| Energy | -2.4% | 1,503.1% | -100.0% |
| Basic Materials | -4.4% | 1,742% | -100.0% |
| Financials | -5.3% | 1,187,214.3% | -100.0% |