The strongest performing Technology company in Pennsylvania was Unisys Corp. (UIS:NYQ), sitting 62.8 percent higher to sell at $13.44.
Smith Micro Software Inc. (SMSI:NAQ) fared the worst among Pennsylvania companies, suffering a 65.1 percent drop to $2.58.
Among Pittsburgh companies, Smith Micro Software Inc. (SMSI:NAQ) saw the biggest fall in value of 65.1 percent on July 7.
The Technology sector was the daily best-performing sector on the market.
Real Estate 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 |
|---|---|---|---|
| Technology | 3.5% | 149,233,800% | -100% |
| Telecommunications | 3.2% | 1,215,290.7% | -93.9% |
| Energy | 3.2% | 215,170,840.2% | -100% |
| Industrials | 2.4% | 13,209,422.8% | -100% |
| Consumer Staples | 1.7% | 92,169,542.9% | -100% |
| Health Care | 1.4% | 267,011,073.2% | -100% |
| Financials | 1.3% | 15,942,337.9% | -100% |
| Consumer Discretionary | 1.1% | 125,446,447.9% | -100% |
| Utilities | 0.6% | 1,400,477,010.9% | -100% |
| Basic Materials | -1% | 222,782,508.7% | -100% |
| Real Estate | -1% | 45,805,450.4% | -100% |
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