The strongest performing Telecommunications company in California was 8x8 Inc. (EGHT:NYQ), sitting 1,248,660.8 percent higher to sell at $3.14.
Genasys Inc. (GNSS:NAQ) fared the worst among California companies, suffering a 49.6 percent drop to $2.54.
Among Campbell companies, 8x8 Inc. (EGHT:NYQ) saw the highest rise in value of 1,248,660 percent on Oct. 19.
The Consumer Staples sector was the daily best-performing sector on the market.
Energy 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.
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.
| Sector | % Change | Highest Positive Change | Largest Negative Change |
|---|---|---|---|
| Consumer Staples | 100.4% | 396,388,849.3% | -100% |
| Basic Materials | 22.6% | 6,637,915.1% | -100% |
| Consumer Discretionary | 17.4% | 249,238,143.4% | -100% |
| Technology | 5.7% | 43,971,262% | -100% |
| Real Estate | 3.3% | 2,557,024.5% | -100% |
| Industrials | -5.8% | 62,937,372.4% | -100% |
| Utilities | -8.5% | 9,399,943.5% | -82.4% |
| Telecommunications | -8.9% | 3,606,537.8% | -99.6% |
| Financials | -15% | 64,061,231.4% | -100% |
| Health Care | -15.9% | 573,660,046.7% | -100% |
| Energy | -28.3% | 1,640,427,380.9% | -100% |
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