Notable companies
The most notable companies in this group are Microsoft Corp (NASDAQ:MSFT), NVIDIA Corp (NASDAQ:NVDA), Apple (NASDAQ:AAPL), Amazon.com (NASDAQ:AMZN), Colgate-Palmolive Company (NYSE:CL).
Industry description
The investment seeks to achieve long-term capital appreciation.
Under normal circumstances, the sub-adviser invests at least 80% of the fund’s net assets in U.S. equity securities. The sub-adviser invest principally in equity securities such as common stocks, warrants and rights of U.S. issuers of any market capitalization. The sub-adviser employs a strategy of taking long and short positions in equity securities publicly traded in the U.S.
Market Cap
The average market capitalization across the Allspring U.S. Long/Short Equity A MF is 1.06T. The market cap for tickers in the group ranges from 8.88B to 3.15T. MSFT holds the highest valuation in this group at 3.15T. The lowest valued company is MUSA at 8.88B.
Volume
The average weekly volume growth across all stocks in the Allspring U.S. Long/Short Equity A MF was 22%. For the same stocks of the MF, the average monthly volume growth was 6% and the average quarterly volume growth was 9%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 76
P/E Growth Rating: 63
Price Growth Rating: 44
SMR Rating: 22
Profit Risk Rating: 21
Seasonality Score: 12 (-100 ... +100)