The value in Software and Computer Services stocks rose 10.9 percent on Aug. 31 from the previous day.
The strongest performing Software and Computer Services company in Washington was Avalara Inc. (AVLR:NYQ), dropping 24.7 percent to sell at $91.59.
Bsquare Corp. (BSQR:NAQ) fared the worst among Washington companies, suffering a 30.4 percent drop to $1.23.
Among Bellevue companies, Bsquare Corp. (BSQR:NAQ) saw the biggest fall in value of 30.4 percent on Aug. 31.
The Tobacco industry was the daily best-performing industry on the market. The market is divided into 44 different industries.
Investment Banking and Brokerage Services 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 |
|---|---|---|---|
| Tobacco | 1,856.6% | 205,854.5% | – |
| Household Goods and Home Construction | 387% | 172,374.1% | -99.9% |
| Food Producers | 138.6% | 682,825.2% | -100% |
| Waste and Disposal Services | 100.2% | 2,541,015.4% | -74.1% |
| Precious Metals and Mining | 96% | 648.2% | -99.8% |
| Industrial Metals and Mining | 68.2% | 254.1% | -76.3% |
| Electronic and Electrical Equipment | 66.3% | 263,057.9% | -100% |
| Telecommunications Equipment | 55.7% | 1,128,384.8% | -94.7% |
| Life Insurance | 47% | 147,051% | -93% |
| Beverages | 33.4% | 34.1% | -100% |
| Non-life Insurance | 32.2% | 44,604,489.6% | -100% |
| Finance and Credit Services | 30.6% | 119,147.5% | -91.2% |
| Industrial Transportation | 28.1% | 14,766,980.7% | -100% |
| Oil, Gas and Coal | 23.5% | 458,753,488.5% | -100% |
| General Industrials | 11% | 361,070.8% | -94.4% |
| Software and Computer Services | 10.9% | 19,903,546.7% | -100% |
| Technology Hardware and Equipment | 10.6% | 198,787.5% | -73.1% |
| Construction and Materials | 9.3% | 1,350,282.4% | -100% |
| Mortgage Real Estate Investment Trusts | 6.6% | 141,337,109.3% | -100% |
| Aerospace and Defense | 5.9% | 178,881% | -87.8% |
| Leisure Goods | 4.4% | 314,330.6% | -100% |
| Travel and Leisure | 2.6% | 121,633,603.6% | -100% |
| Open End and Miscellaneous Investment Vehicles | 1.4% | 2,221,255.8% | -100% |
| Closed End Investments | 0.5% | 31,838,400% | -100% |
| Gas, Water and Multi-utilities | -1% | 375% | -99.2% |
| Health Care Providers | -1.4% | 133,699% | -100% |
| Medical Equipment and Services | -5.4% | 265,426.4% | -100% |
| Retailers | -6% | 13,503,408.9% | -100% |
| Industrial Materials | -8.9% | 106,388.4% | -96.9% |
| Pharmaceuticals and Biotechnology | -9.2% | 37,374,096.2% | -100% |
| Electricity | -9.8% | 194,883,318.1% | -20.3% |
| Real Estate Investment Trusts | -10.1% | 79,640,925.6% | -100% |
| Personal Care, Drug and Grocery Stores | -12.4% | 529,306.3% | -90.2% |
| Industrial Support Services | -12.7% | 438,766.5% | -100% |
| Alternative Energy | -13.8% | 4,219,932% | -100% |
| Consumer Services | -17.2% | 303,185.9% | -100% |
| Industrial Engineering | -17.2% | 167,849.5% | -100% |
| Personal Goods | -18.5% | 645,225,252.1% | -100% |
| Automobiles and Parts | -19.2% | 212.9% | -100% |
| Real Estate Investment and Services | -21.2% | 676,451.7% | -100% |
| Chemicals | -23.4% | 66,976,711.3% | -100% |
| Banks | -26.8% | 1,648,878,873.1% | -100% |
| Telecommunications Service Providers | -28.8% | 339.3% | -91.2% |
| Investment Banking and Brokerage Services | -32.3% | 12,176.2% | -100% |
