The strongest performing Technology company in Arizona was Alpine 4 Holdings Inc. (ALPP:NAQ), sitting 42,087.7 percent higher to sell at $0.6098.
AudioEye Inc. (AEYE:NAQ) experienced the smallest increase in share price among Arizona companies, rising 5 percent to sell at $5.23.
Among Phoenix companies, Alpine 4 Holdings Inc. (ALPP:NAQ) saw the highest rise in value of 42,087.7 percent in the week ending June 18.
The Health Care sector was the week’s best-performing sector on the market. The market is divided into 11 different sectors.
Energy 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 |
|---|---|---|---|
| Health Care | -1.8% | 346,371,658.4% | -92.9% |
| Real Estate | -5.5% | 130,228,990.3% | -56.8% |
| Technology | -6.2% | 107,220,894.5% | -88.0% |
| Telecommunications | -7.0% | 20,618,608.1% | -57.3% |
| Consumer Staples | -7.3% | 70,730,525% | -84.9% |
| Consumer Discretionary | -7.4% | 417,984,001.7% | -83.8% |
| Financials | -7.7% | 40,014,122.5% | -100.0% |
| Industrials | -7.9% | 68,353,333.8% | -83.5% |
| Basic Materials | -9.8% | 10,220,178.9% | - |
| Utilities | -9.9% | 206,552,586.2% | -90.8% |
| Energy | -15.4% | 30,856,355.5% | -77.9% |