Tempe company Crexendo Inc. (CXDO:NAQ) working in Telecommunications Service Providers sees value fall 34.9% on Aug. 19

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The value in Telecommunications Service Providers stocks fell 53.7 percent on Aug. 19 from the previous day.

The strongest performing Telecommunications Service Providers company in Arizona was Cable One Inc. (CABO:NYQ), dropping 33.7 percent to sell at $1332.13.

Crexendo Inc. (CXDO:NAQ) fared the worst among Arizona companies, suffering a 34.9 percent drop to $3.1.

Among Tempe companies, Crexendo Inc. (CXDO:NAQ) saw the biggest fall in value of 34.9 percent on Aug. 19.

The Tobacco industry was the daily best-performing industry on the market. The market is divided into 44 different industries.

Telecommunications Service Providers was the worst-performing industry.

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.

Individual companies can have several different types of shares across many stock markets. It is possible for different types of shares to see different results on the market.

Rank of stock market industries on Aug. 19

Industry% ChangeHighest Positive ChangeLargest Negative Change
Tobacco1,371.8%5,106.1%-60.5%
Household Goods and Home Construction536%294,876,901.2%-66.8%
Food Producers170.6%19,934,586%-44.3%
Non-life Insurance137.4%42,600,662.7%-45.6%
Leisure Goods94%32,613,545.5%-70.6%
Electronic and Electrical Equipment91.7%20,516,310.1%-90%
Precious Metals and Mining77.2%30,743,134.3%-66.7%
Waste and Disposal Services63.5%27,666.3%-93.3%
Life Insurance35.6%172,547.5%-2.7%
Industrial Metals and Mining29%36,746,805.1%-46.6%
Aerospace and Defense25.1%35,947,928.2%-62.8%
Telecommunications Equipment22.6%291,460.3%-41.1%
Finance and Credit Services19.8%18,757%-25.5%
Real Estate Investment and Services18.6%2,540,394.5%-90.6%
Oil, Gas and Coal18.1%398,130,255.2%-87.8%
Industrial Transportation15%1,804,544.9%-
Pharmaceuticals and Biotechnology10.7%22,203,119.7%-97%
General Industrials8.8%121,770,795.2%-78.8%
Technology Hardware and Equipment7.7%2,565,939.3%-71%
Automobiles and Parts1.5%384,731.5%-48%
Construction and Materials1%6,166,300%-24.4%
Open End and Miscellaneous Investment Vehicles-0.7%172,999,900%-100%
Beverages-2.7%2,616,371%-
Closed End Investments-2.7%8,562,213.4%-94.5%
Mortgage Real Estate Investment Trusts-3.6%180,301,487.3%-49.5%
Gas, Water and Multi-utilities-4.9%30,724.9%-57.8%
Medical Equipment and Services-5.5%8,615,968.7%-91.5%
Personal Care, Drug and Grocery Stores-6.3%9,545,611.1%-53.4%
Electricity-8.3%122,571,567.4%-13.9%
Health Care Providers-8.9%26,022,381.8%-36.8%
Chemicals-8.9%22,762,228.3%-51.4%
Banks-10.9%73,175,233.7%-95.4%
Real Estate Investment Trusts-11.4%85,967,130.9%-59.7%
Media-12.7%164,347.7%-90.4%
Industrial Materials-19.4%1,759,058.9%-20.2%
Industrial Support Services-19.8%16,317,052.2%-79.4%
Industrial Engineering-23.1%59,292,678.2%-83.5%
Alternative Energy-23.2%1,001,352.6%-80.9%
Retailers-24.8%9,878,827.2%-67.9%
Consumer Services-25.7%46,683,681.9%-46.6%
Travel and Leisure-27.3%47,600,574.4%-78.3%
Personal Goods-34.3%44,498,267.3%-
Investment Banking and Brokerage Services-44.8%21,487,455.7%-63.8%
Telecommunications Service Providers-53.7%68,474,037.9%-34.9%

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