Value in Open End and Miscellaneous Investment Vehicles stocks fell 1.2 percent in June from the previous month.
The strongest performing Open End and Miscellaneous Investment Vehicles company in Washington was Big Sky Growth Partners Inc. (BSKY:NAQ), dropping 53.4 percent to sell at $9.74.
Frazier Lifesciences Acquisition Corp. (FLAC:NAQ) fared the worst among Washington companies, suffering an 85.2 percent drop to $9.87.
Among Kirkland companies, Colicity Inc. (COLI:NAQ) saw the biggest fall in value of 73.7 percent in June.
The Finance and Credit Services industry was the month’s best-performing industry on the market. The market is divided into 45 different industries.
Banks 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.
| Industry | Percentage Change | Highest Positive Change | Largest Negative Change |
|---|---|---|---|
| Finance and Credit Services | 10.1% | 18,624,793.5% | -100% |
| Personal Care, Drug and Grocery Stores | 1.8% | 1,700.2% | -100% |
| Beverages | 0.4% | 7,380,352.1% | -100% |
| Pharmaceuticals and Biotechnology | 0.3% | 924,621,851.2% | -100% |
| Telecommunications Equipment | -0.1% | 6,532.6% | -100% |
| Consumer Services | -0.9% | 18,601,325.7% | -100% |
| Open End and Miscellaneous Investment Vehicles | -1.2% | 391,889.4% | -100% |
| Health Care Providers | -3% | 412.2% | -100% |
| Leisure Goods | -4% | 67,100.2% | -100% |
| Non-life Insurance | -4.7% | 152.3% | -100% |
| Gas, Water and Multi-utilities | -4.8% | 328.2% | -100% |
| Automobiles and Parts | -5% | 4,161,964.1% | -100% |
| Aerospace and Defense | -5% | 2,434,266.9% | -100% |
| Personal Goods | -5.9% | 94,519% | -100% |
| Retailers | -6.1% | 2,611,652.1% | -100% |
| Medical Equipment and Services | -6.5% | 76,929,703.6% | -100% |
| Food Producers | -6.7% | 687,908,990.9% | -100% |
| Waste and Disposal Services | -6.7% | 891.6% | -100% |
| Electricity | -6.8% | 166.2% | -100% |
| Telecommunications Service Providers | -6.8% | 5,666,005.4% | -100% |
| Closed End Investments | -6.9% | 743,409.6% | -100% |
| Software and Computer Services | -7% | 10,209,189.8% | -100% |
| Travel and Leisure | -7.2% | 1,107,756.9% | -100% |
| Alternative Energy | -7.7% | 274.8% | -100% |
| Electronic and Electrical Equipment | -7.9% | 136,088.5% | -100% |
| Real Estate Investment Trusts | -8.1% | 79,317,911.3% | -100% |
| Industrial Transportation | -8.1% | 96,595,369.3% | -100% |
| Life Insurance | -8.6% | 130% | -100% |
| Mortgage Real Estate Investment Trusts | -8.8% | 83,727,240.8% | -100% |
| Real Estate Investment and Services | -9.1% | 590% | -100% |
| Industrial Support Services | -9.1% | 273,606.9% | -100% |
| Tobacco | -9.5% | 220.5% | -100% |
| Construction and Materials | -10% | 2,443% | -100% |
| Precious Metals and Mining | -10.4% | 3,771% | -100% |
| Industrial Materials | -10.4% | 79% | -74.4% |
| Technology Hardware and Equipment | -10.6% | 6,352,863.4% | -100% |
| General Industrials | -11% | 162.6% | -100% |
| Industrial Engineering | -11.3% | 290,176.9% | -100% |
| Household Goods and Home Construction | -11.7% | 19,879,236.4% | -100% |
| Investment Banking and Brokerage Services | -12.4% | 5,042,364.4% | -100% |
| Media | -13.2% | 337,086.5% | -100% |
| Oil, Gas and Coal | -13.7% | 3,135,984.6% | -100% |
| Chemicals | -15.1% | 193.2% | -100% |
| Industrial Metals and Mining | -16% | 1,527% | -100% |
| Banks | -50.9% | 38,621.1% | -100% |
