Value of Pharmaceuticals and Biotechnology company Journey Medical Corp. (DERM:NAQ) based in Scottsdale fell 2.2% on Aug. 3

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The value in Pharmaceuticals and Biotechnology stocks rose 4.8 percent on Aug. 3 from the previous day.

The strongest performing Pharmaceuticals and Biotechnology company in Arizona was Journey Medical Corp. (DERM:NAQ), dropping 2.2 percent to sell at $4.1.

HTG Molecular Diagnostics Inc. (HTGM:NAQ) fared the worst among Arizona companies, suffering a 100 percent drop to $1.07.

Among Scottsdale companies, Journey Medical Corp. (DERM:NAQ) saw the biggest fall in value of 2.2 percent on Aug. 3.

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

Beverages 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. 3

Industry% ChangeHighest Positive ChangeLargest Negative Change
Telecommunications Service Providers35.6%777.1%-100%
Precious Metals and Mining21.1%896.4%-100%
Telecommunications Equipment12.8%4,833.3%-87.7%
Industrial Materials11.7%284,065.2%-75%
Waste and Disposal Services9.7%299,212.9%-89.4%
Alternative Energy7.6%5,237,620.3%-100%
Oil, Gas and Coal7.2%299,190,478.2%-100%
Health Care Providers7.2%397.5%-100%
Software and Computer Services6.6%8,947.9%-100%
Personal Goods5.3%242,623,181.4%-100%
Pharmaceuticals and Biotechnology4.8%51,060,421.4%-100%
Investment Banking and Brokerage Services4.7%586%-100%
Industrial Support Services4%8,706,690.1%-100%
Industrial Transportation3.8%5,542.5%-100%
Chemicals3.6%21,201.3%-99.9%
Household Goods and Home Construction3.2%6,383%-100%
Media3%746,611.5%-100%
Personal Care, Drug and Grocery Stores2.9%133,736,742.1%-92.5%
Food Producers2.5%19,963,838.9%-100%
General Industrials2.3%26,054,677.9%-100%
Automobiles and Parts2.2%2,625.2%-100%
Travel and Leisure1.5%61,534,845.1%-100%
Real Estate Investment Trusts1.4%78,184,146.6%-100%
Real Estate Investment and Services1.1%32,291.6%-100%
Banks1%7,710.4%-100%
Consumer Services0.5%82,619,747.3%-100%
Open End and Miscellaneous Investment Vehicles-0.1%560,512.9%-100%
Leisure Goods-0.2%25,549,528.8%-100%
Tobacco-0.5%1,169.2%-99.5%
Closed End Investments-0.6%13,164,988.2%-100%
Retailers-0.7%44,778,772.4%-100%
Electricity-1.8%7,117.4%-100%
Industrial Metals and Mining-2.3%12,378,332.6%-100%
Industrial Engineering-2.9%531.4%-100%
Life Insurance-3%583,906%-100%
Construction and Materials-3%306,312.3%-100%
Mortgage Real Estate Investment Trusts-5.8%6,564.7%-100%
Finance and Credit Services-7.3%2,464.1%-100%
Gas, Water and Multi-utilities-7.4%17,478,834.5%-100%
Technology Hardware and Equipment-8.8%17,799,868.9%-100%
Aerospace and Defense-10.9%1,568.4%-100%
Medical Equipment and Services-14.3%4,891,231.9%-100%
Non-life Insurance-16%542,560,372%-100%
Beverages-35.2%593,987%-100%

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