Market sectors are used by investors to invest in various firms’ development possibilities. Investors should put their money into companies that will outperform the market, while staying away from those that will underperform. You can find the most intriguing companies to invest in by looking at the performance of different market sectors.
Here are the top performing sectors for the week of July 14, 2021.
1. Health Technology Sector – Up 2.34% This Week
This industry involves the use of technology to enhance the delivery, payment, and/or consumption of care, as well as the research and marketing of medical goods. Consumers and companies together are starting to see the value of combining technology and the healthcare industry.
What Is this Week’s Top Performing Stock in the Health Technology Sector?
Allied Healthcare Products Inc (NASDAQ: AHPI) is up 125.94% this week. Allied Healthcare Products, Inc. develops, markets, and distributes a wide range of respiratory products for the healthcare business. Respiratory care items, medical gas equipment, and emergency medical devices are among the company’s offerings. The firm was established in 1979 and is based in St. Louis, Missouri.
2. Non-Energy Minerals – Up 2.34% This Week
Non-energy minerals are vital components of basic industry and daily life in the United States, and they contribute to the long-term viability of local financial development and economic growth.
What Is this Week’s Top Performing Stock in the Non-Energy Minerals Sector?
OrbSat Corp (NASDAQ: OSAT) is up 32.77% this week. Orbsat Corp. provides business, government, and individual users with satellite-based services and solutions. It also focuses on satellite-enabled communications hardware distribution, development, and resale. The firm was formed on April 21, 2010 in Aventura, Florida, and is based there.
3. Health Services Sector – Up 2.32%
Businesses that provide health care, medical instruments, and healthcare coverage make up the Health Services industry. The organization of medical treatment services is the foundation of this industry.
What Is this Week’s Top Performing Stock in the Health Services Sector?
Splash Beverage Group Inc. (NYSE: SBEV) is up 7.89% this week. Splash Beverage Group Inc. sells and manufactures natural and nutritious beverages. TapouT, Salt Tequila, Copa Di Vino, and Pulpoloco Sangria are some of the brands it sells. The firm was formed on September 3, 1992, in Fort Lauderdale, Florida, and is based there.
4. Electronic Technology Sector – Up 2.05%
Electronic component development, manufacturing, and production are the core of the Electronic Technology Sector. Industrial communications, electric components, consumer communications, and telecommunications are all included in the Electronics Technology industry.
What Is this Week’s Top Performing Stock in the Electronic Technology Sector?
Cemtrex Inc. (NASDAQ: CMTX) is up 22.82% this week. Cemtrex, Inc. is a technology company that provides solutions. It is divided into the following sections: Industrial Services and Advanced Technologies
5. Technology Services Sector – Up 1.65%
Applications, computers, and software are all part of the Technology Services Sector, which helps tech businesses strengthen their offerings. Because of all the new technical advancements that are created every year to entice new consumers, this industry continues to develop.
What Is this Week’s Top Performing Stock in the Technology Services Sector?
SCWorx Corp (NASDAQ: WORX) is up 90.42% this week. SCWorx Corp. creates software for medical professionals. Data normalization, application compatibility, and big data analytics are all included. Marc S. Schessel started the firm in 2012, and it is based in New York, NY.
Should You Invest in the Top Sectors?
After you’ve identified a profitable market sector, you’ll need to choose which stocks to invest in based on the best available prospects. Consider employing a financial advisor to assist you in selecting the optimal market sectors to invest in.