The strongest performing Consumer Discretionary company in Arizona was Ammo Inc. (POWW:NAQ), sitting 1,996,254.1 percent higher to sell at $4.49.
Engage Mobility Inc. (ENGA:PKC) fared the worst among Arizona companies, suffering an 86.7 percent drop to $0.2395.
Among Tucson companies, Mister Car Wash Inc. (MCW:NYQ) saw the highest rise in value of 31 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% |