Chandler-based Technology company Rogers Corp. (ROG:NYQ) sees value rise 119.7% on Aug. 2

Public Policy
Stock market 25 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 Technology stocks rose 0.4 percent on Aug. 2 from the previous day.

The strongest performing Technology company in Arizona was Rogers Corp. (ROG:NYQ), sitting 119.7 percent higher to sell at $266.99.

Benchmark Electronics Inc. (BHE:NYQ) experienced the smallest increase in share price among Arizona companies, rising 1.7 percent to sell at $26.11.

Among Chandler companies, Rogers Corp. (ROG:NYQ) saw the highest rise in value of 119.7 percent on Aug. 2.

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

Consumer Staples 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.

Rank of stock market sectors on Aug. 2

Sector% ChangeHighest Positive ChangeLargest Negative Change
Energy31.6%25,867,752.1%-100%
Health Care15.3%287,456,143.5%-100%
Industrials1.5%70,999,966%-100%
Technology0.4%97,499,900%-100%
Utilities0.4%19,254,753%-100%
Telecommunications-1.6%2,619.2%-100%
Financials-4.3%186,953,559.6%-100%
Consumer Discretionary-4.8%246,573,611.3%-100%
Real Estate-4.9%283,241,763.4%-100%
Basic Materials-9.6%31,197,882.5%-100%
Consumer Staples-12.2%63,827,213.1%-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