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Scottsdale-based Household Goods and Home Construction company Meritage Homes Corp. (MTH:NYQ) sees value rise 206.3% on June 2
The strongest performing Household Goods and Home Construction company in Arizona was Meritage Homes Corp. (MTH:NYQ), sitting 206.3 percent higher to sell at $123.15.
Taylor Morrison Home Corp. (TMHC:NYQ) experienced the smallest increase in share price among Arizona companies, rising 97.7 percent to sell at $44.45.
Among Scottsdale companies, Meritage Homes Corp. (MTH:NYQ) saw the highest rise in value of 206.3 percent on June 2.
The Automobiles and Parts industry was the daily best-performing industry on the market. The market is divided into 46 different industries.
Technology 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.
| Industry | % Change | Highest Positive Change | Largest Negative Change |
|---|---|---|---|
| Automobiles and Parts | 12.4% | 43,298.7% | -42.3% |
| Industrial Materials | 8.8% | 652.1% | -34.2% |
| Mortgage Real Estate Investment Trusts | 8.3% | 4,487,000.7% | -35.8% |
| Construction and Materials | 7.6% | 43,050,596% | -56% |
| Industrial Transportation | 5.7% | 5,687,425.1% | -78.2% |
| Electronic and Electrical Equipment | 5.4% | 388,220,694% | -85.5% |
| Industrial Metals and Mining | 5.3% | 1,270,746,168.7% | -75.3% |
| Household Goods and Home Construction | 5.1% | 121,850,563.7% | -95.4% |
| Telecommunications Equipment | 4.5% | 153,669.6% | -66.4% |
| Chemicals | 4.5% | 111,905,451.8% | -89% |
| Retailers | 4% | 35,303,890.5% | -55.5% |
| Media | 4% | 539,598.6% | -94.7% |
| Leisure Goods | 3.9% | 28,385,164.9% | -73.7% |
| Life Insurance | 3.6% | 45,483,133% | -43.8% |
| Non-life Insurance | 3.5% | 306,883.6% | -61.8% |
| Personal Goods | 3.1% | 10,295,159.4% | -90.7% |
| Real Estate Investment Trusts | 3.1% | 22,834,752.2% | -81.4% |
| Oil, Gas and Coal | 2.8% | 41,850,110% | -86.2% |
| Waste and Disposal Services | 2.6% | 2,027.3% | -97.7% |
| Finance and Credit Services | 2.4% | 1,858,010.7% | -33.2% |
| General Industrials | 2.2% | 68,183,151.2% | -68.6% |
| Pharmaceuticals and Biotechnology | 2.2% | 1,009,911,527.9% | -96.5% |
| Aerospace and Defense | 2.2% | 6,423,098.7% | -50.8% |
| Gas, Water and Multi-utilities | 2.1% | 10,512,894.2% | -49.8% |
| Alternative Energy | 2.1% | 1,536,825% | -53.3% |
| Software and Computer Services | 2% | 218,907,719.4% | -94.8% |
| Technology Hardware and Equipment | 2% | 1,337,660.4% | -61.8% |
| Industrial Engineering | 1.9% | 65,998,500.9% | -58.3% |
| Industrial Support Services | 1.8% | 22,403,627.3% | -83.2% |
| Tobacco | 1.8% | 24,833.7% | -44.8% |
| Electricity | 1.8% | 1,898,001.9% | -43.4% |
| Consumer Services | 1.3% | 2,088,855% | -82.1% |
| Food Producers | 1% | 132,821,443.4% | -95.3% |
| Travel and Leisure | 1% | 9,691,020.6% | -97.8% |
| Open End and Miscellaneous Investment Vehicles | 0.5% | 973,429.9% | -99.9% |
| Medical Equipment and Services | 0.4% | 66,816,248.3% | -85.9% |
| Closed End Investments | 0.4% | 40,518,911.1% | -84.8% |
| Investment Banking and Brokerage Services | 0.4% | 19,685,742.9% | -89.2% |
| Health Care Providers | 0.3% | 1,390.7% | -97.3% |
| Banks | 0.3% | 143,587,768% | -94.1% |
| Real Estate Investment and Services | 0.3% | 15,732.7% | -55.6% |
| Consumer Discretionary | -0.5% | 17,530.9% | -70.2% |
| Personal Care, Drug and Grocery Stores | -1.8% | 124,473,985.4% | -83.4% |
| Precious Metals and Mining | -4.8% | 2,353.4% | -29% |
| Beverages | -6.7% | 8,128.5% | -87.9% |
| Technology | -7.9% | 1,250,570.5% | -81.9% |