The strongest performing Technology company in Arizona was Alpine 4 Holdings Inc. (ALPP:NAQ), sitting 1,472.8 percent higher to sell at $0.7566.
AudioEye Inc. (AEYE:NAQ) fared the worst among Arizona companies, suffering a 99.2 percent drop to $5.98.
Among Phoenix companies, Alpine 4 Holdings Inc. (ALPP:NAQ) saw the highest rise in value of 1,472.8 percent on June 28.
The Telecommunications sector was the daily best-performing sector on the market.
Consumer Discretionary 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 | 6.7% | 115,759.4% | -97.9% |
| Consumer Staples | 3.3% | 5,387.7% | -100% |
| Real Estate | -4% | 973,329.7% | -100% |
| Financials | -11.5% | 114,900% | -100% |
| Technology | -11.5% | 6,114.1% | -100% |
| Industrials | -14.7% | 626,741.1% | -100% |
| Energy | -15.8% | 155,578.8% | -100% |
| Basic Materials | -21% | 297.8% | -100% |
| Utilities | -28.2% | 13,528% | -100% |
| Health Care | -45.4% | 282,927.7% | -100% |
| Consumer Discretionary | -75.4% | 4,845.9% | -100% |