Value of Industrials company Verra Mobility Corp. (VRRM:NAQ) based in Mesa rose 27.4% on June 30

Public Policy
Stock market 9 edited

ORGANIZATIONS IN THIS STORY

LETTER TO THE EDITOR

Have a concern or an opinion about this story? Click below to share your thoughts.
Send a message

Community Newsmaker

Know of a story that needs to be covered? Pitch your story to The Business Daily.
Community Newsmaker

Value in Industrials stocks fell 0.4 percent on June 30 from the previous day.

The strongest performing Industrials company in Arizona was Carlisle Companies Inc. (CSL:NYQ), sitting 875.3 percent higher to sell at $238.61.

Willscot Mobile Mini Holdings Corp. (WSC:NAQ) experienced the smallest increase in share price among Arizona companies, rising 24.4 percent to sell at $32.42.

Among Mesa companies, Verra Mobility Corp. (VRRM:NAQ) saw the highest rise in value of 27.4 percent on June 30.

The Utilities sector was the daily best-performing sector on the market.

Financials 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.

Rank of stock market sectors on June 30

Sector% ChangeHighest Positive ChangeLargest Negative Change
Utilities0.8%28,756,698.2%-100%
Industrials-0.4%7,363,525.2%-100%
Consumer Staples-0.7%156,563,283.5%-100%
Real Estate-1.3%234,602,598.7%-100%
Health Care-1.5%41,311,939%-100%
Consumer Discretionary-2.6%11,209,500%-100%
Telecommunications-3%8,215.2%-100%
Basic Materials-3%1,039,790.6%-100%
Technology-3.7%549,654,915.2%-99.4%
Energy-4.6%198,206,974%-100%
Financials-7.4%77,171,605.2%-100%

ORGANIZATIONS IN THIS STORY

LETTER TO THE EDITOR

Have a concern or an opinion about this story? Click below to share your thoughts.
Send a message

Community Newsmaker

Know of a story that needs to be covered? Pitch your story to The Business Daily.
Community Newsmaker

MORE NEWS