Value in Medical Equipment and Services stocks rose 8.4 percent in July from the previous month.
The strongest performing Medical Equipment and Services company in Michigan was Rockwell Medical Inc. (RMTI:NAQ), sitting 99.2 percent higher to sell at $1.31.
InfuSystem Holdings Inc. (INFU:ASQ) fared the worst among Michigan companies, suffering a 67.5 percent drop to $9.77.
Among Kalamazoo companies, Stryker Corp. (SYK:NYQ) saw the highest rise in value of 67 percent in July.
The Alternative Energy industry was the month’s best-performing industry on the market. The market is divided into 44 different industries.
Precious Metals and Mining 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 |
|---|---|---|---|
| Alternative Energy | 139.9% | 27,463.8% | -99.9% |
| Technology Hardware and Equipment | 18.5% | 7,470.4% | -99.9% |
| Waste and Disposal Services | 17.7% | 8,559.5% | -99.8% |
| Electronic and Electrical Equipment | 17.4% | 1,463.3% | -99.9% |
| Telecommunications Equipment | 15.9% | 863% | -86.8% |
| Leisure Goods | 15.9% | 9,812.4% | -99.9% |
| Investment Banking and Brokerage Services | 15.7% | 981% | -99.3% |
| Mortgage Real Estate Investment Trusts | 15% | 1,743% | -99.9% |
| Automobiles and Parts | 14.9% | 599.5% | -99.9% |
| Household Goods and Home Construction | 13.6% | 4,754.4% | -91.3% |
| Media | 13.1% | 886.4% | -99.9% |
| Industrial Engineering | 12.5% | 1,629,794.6% | -99.8% |
| General Industrials | 11.6% | 847.7% | -99.9% |
| Industrial Support Services | 10.7% | 73,430.8% | -99.9% |
| Oil, Gas and Coal | 10.6% | 43,925.8% | -99.9% |
| Industrial Materials | 10.6% | 3,362,068.6% | -89.1% |
| Travel and Leisure | 10.2% | 20,592.7% | -99.8% |
| Industrial Metals and Mining | 9.9% | 59,786.7% | -99.6% |
| Industrial Transportation | 9.8% | 91,650% | -99.6% |
| Beverages | 9.7% | 978% | -97.3% |
| Construction and Materials | 9.6% | 8,452.7% | -99.8% |
| Personal Goods | 9.6% | 152,865.7% | -69.6% |
| Consumer Services | 8.6% | 5,004.8% | -97.8% |
| Medical Equipment and Services | 8.4% | 1,959.3% | -99.9% |
| Telecommunications Service Providers | 7.5% | 174,246.6% | -77.7% |
| Real Estate Investment and Services | 6.7% | 15,976% | -99.9% |
| Real Estate Investment Trusts | 6.7% | 32,203,730.7% | -99.8% |
| Gas, Water and Multi-utilities | 6.3% | 205.1% | -87.1% |
| Aerospace and Defense | 6.2% | 202,816% | -99.9% |
| Pharmaceuticals and Biotechnology | 5.9% | 898,403.1% | -99.9% |
| Electricity | 5.9% | 150.5% | -99.1% |
| Closed End Investments | 5.4% | 773.1% | -99.9% |
| Chemicals | 5.4% | 1,076,737.3% | -99.9% |
| Finance and Credit Services | 5.1% | 1,345.4% | -76.7% |
| Software and Computer Services | 4.8% | 72,504.8% | -99.9% |
| Banks | 4.7% | 227,120.2% | -97.2% |
| Retailers | 4.6% | 1,214,633.3% | -99.9% |
| Tobacco | 4.4% | 18,102.3% | -99.8% |
| Food Producers | 4.4% | 1,801,166.7% | -99.4% |
| Life Insurance | 2.9% | 1,247.9% | -63.1% |
| Personal Care, Drug and Grocery Stores | 2.6% | 76,418.7% | -84.1% |
| Open End and Miscellaneous Investment Vehicles | 1.2% | 9,562,582.1% | -99.9% |
| Health Care Providers | -2.9% | 64,997.1% | -99.5% |
| Precious Metals and Mining | -16.6% | 2,814.4% | -99.9% |
