The strongest performing Health Care company in Arizona was HTG Molecular Diagnostics Inc. (HTGM:NAQ), dropping 30.2 percent to sell at $1.54.
Journey Medical Corp. (DERM:NAQ) fared the worst among Arizona companies, suffering a 95.8 percent drop to $3.49.
Among Tucson companies, Weed Inc. (BUDZ:QBB) saw the biggest fall in value of 74 percent on July 8.
The Consumer Discretionary sector was the daily best-performing sector on the market.
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 |
|---|---|---|---|
| Consumer Discretionary | 2.7% | 327,643,253.1% | -97.1% |
| Energy | 1.7% | 566,532,292.6% | -96.7% |
| Financials | 1.5% | 587,010,810.5% | -99.9% |
| Health Care | 1.1% | 600,924,195.8% | -95.9% |
| Telecommunications | 0.7% | 6,846,912.8% | -93.6% |
| Real Estate | 0.3% | 92,994,488.4% | -99.2% |
| Industrials | 0.3% | 528,382,402.5% | -97.9% |
| Utilities | -0.3% | 142,519,027.9% | -74.3% |
| Consumer Staples | -5.8% | 76,465,817.2% | -99.2% |