The strongest performing Technology company in Arizona was Alpine 4 Holdings Inc. (ALPP:NAQ), sitting 105.3 percent higher to sell at $0.6302.
Everspin Technologies Inc. (MRAM:NMQ) fared the worst among Arizona companies, suffering a 36.2 percent drop to $5.3.
Among Phoenix companies, Alpine 4 Holdings Inc. (ALPP:NAQ) saw the highest rise in value of 105.3 percent on June 14.
The Telecommunications sector was the daily best-performing sector on the market.
Basic Materials 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 |
|---|---|---|---|
| Telecommunications | 1,654.1% | 1,224.4% | -100.0% |
| Financials | 1,245.7% | 375,053,314.5% | -100.0% |
| Technology | 553.1% | 107,523,709.5% | -100.0% |
| Energy | 96.3% | 234,572,861.4% | -100.0% |
| Consumer Staples | 88.2% | 125,878,010.3% | -100.0% |
| Industrials | 62.1% | 73,468,779.7% | -100.0% |
| Health Care | 57.8% | 89,460,312.7% | -100.0% |
| Utilities | 8.7% | 27,297,212.8% | -100.0% |
| Real Estate | -6.6% | 94,942,081.2% | -100.0% |
| Consumer Discretionary | -19.1% | 230,356,179.2% | -100.0% |
| Basic Materials | -20.9% | 74,072,338.2% | -100.0% |