Value in Software and Computer Services stocks rose 1.7 percent in August from the previous month.
The strongest performing Software and Computer Services company in Washington was Porch Group Inc. (PRCH:NAQ), sitting 265,114 percent higher to sell at $2.35.
Smartsheet Inc. (SMAR:NYQ) experienced the smallest increase in share price among Washington companies, rising 90.5 percent to sell at $33.97.
Among Bellevue companies, Bsquare Corp. (BSQR:NAQ) saw the highest rise in value of 143.2 percent in August.
The Telecommunications Equipment industry was the month’s best-performing industry on the market. The market is divided into 45 different industries.
Alternative Energy 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 | Percentage Change | Highest Positive Change | Largest Negative Change |
|---|---|---|---|
| Telecommunications Equipment | 9.6% | 593,905.5% | -99.8% |
| Beverages | 7.3% | 1,994,216.7% | -84.6% |
| Waste and Disposal Services | 6.9% | 82,074.6% | -99.6% |
| Precious Metals and Mining | 6.7% | 1,107,037.5% | -99.9% |
| Industrial Materials | 6.4% | 94.3% | -99.9% |
| Construction and Materials | 5.7% | 7,882,515.2% | -99.7% |
| Oil, Gas and Coal | 5.5% | 179,989,805.8% | -99.9% |
| Industrial Metals and Mining | 4.6% | 22,200,481.6% | -99.9% |
| Pharmaceuticals and Biotechnology | 3.4% | 24,595,137.4% | -99.9% |
| Chemicals | 3.2% | 9,477,806% | -99.9% |
| Non-life Insurance | 3.1% | 5,147,033.9% | -99.9% |
| Aerospace and Defense | 2.9% | 12,366,719.3% | -99.9% |
| Electricity | 2.8% | 1,839,584,315.6% | -86.6% |
| Retailers | 2.8% | 137,727,562.6% | -99.9% |
| Food Producers | 2.7% | 11,573,190.4% | -99.9% |
| Life Insurance | 2.4% | 316,140.3% | -99.9% |
| Software and Computer Services | 1.7% | 41,187,555.7% | -99.9% |
| Personal Care, Drug and Grocery Stores | 1.7% | 45,627,660.3% | -98.5% |
| Banks | 1.1% | 1,797,053.4% | -99.9% |
| Media | 0.8% | 371,393.1% | -99.9% |
| Travel and Leisure | 0.7% | 57,605,300.5% | -99.9% |
| Industrial Transportation | 0.3% | 3,655,174% | -99.9% |
| Industrial Engineering | 0.2% | 21,875,820.5% | -99.9% |
| Automobiles and Parts | -0.2% | 267,941.2% | -99.9% |
| Industrial Support Services | -0.4% | 10,244,374.5% | -99.9% |
| Open End and Miscellaneous Investment Vehicles | -0.6% | 8,045,304.7% | -99.9% |
| Finance and Credit Services | -0.8% | 33,404,043.1% | -99.9% |
| Personal Goods | -1.1% | 6,086,640.6% | -99.9% |
| General Industrials | -1.7% | 8,173,921.9% | -96.7% |
| Consumer Services | -1.8% | 24,597,490.4% | -99.9% |
| Closed End Investments | -2.1% | 10,346,183.5% | -99.9% |
| Gas, Water and Multi-utilities | -2.3% | 45,992,856.2% | -99.9% |
| Health Care Providers | -3.8% | 61,384,128.5% | -99.9% |
| Real Estate Investment and Services | -4% | 340,877.5% | -99.9% |
| Household Goods and Home Construction | -4.2% | 12,834,014.8% | -99.1% |
| Leisure Goods | -4.4% | 18,083,447.9% | -99.9% |
| Technology Hardware and Equipment | -4.9% | 2,212,400% | -99.9% |
| Medical Equipment and Services | -5% | 13,080,516.5% | -99.9% |
| Mortgage Real Estate Investment Trusts | -5.2% | 24,112,387.4% | -99.9% |
| Real Estate Investment Trusts | -5.6% | 59,533,352.3% | -99.9% |
| Electronic and Electrical Equipment | -5.8% | 3,875,001.8% | -99.9% |
| Investment Banking and Brokerage Services | -5.8% | 82,780,743.9% | -99.9% |
| Tobacco | -8.5% | 97,374,604.1% | -99.9% |
| Telecommunications Service Providers | -10.7% | 3,044,594.1% | -99.7% |
| Alternative Energy | -45.2% | 118,190,841.4% | -99.9% |
