ALTEX Firsthand Alternative Energy Forecast, Technical & Fundamental Analysis

The most notable companies in this group are Tesla (NASDAQ:TSLA), Corning (NYSE:GLW), ON Semiconductor Corp (NASDAQ:ON), First Solar (NASDAQ:FSLR).

The investment seeks long-term growth of capital. The fund normally invests at least 80% of its assets in alternative energy and alternative energy technology companies, both U.S. and international. It may purchase stocks of any capitalization, including, but not limited to, large-cap, mid-cap or small-cap stocks. The fund's international stock investments may include stocks of companies based in or doing substantial business in both developed markets and emerging markets. It may also from time to time, as part of its principal investment strategies, invest a substantial portion of its assets in cash or cash equivalents. The fund is non-diversified.

The average market capitalization across the Firsthand Alternative Energy MF is 81.2B. The market cap for tickers in the group ranges from 1.35B to 559.85B. TSLA holds the highest valuation in this group at 559.85B. The lowest valued company is ASPN at 1.35B.

The average weekly volume growth across all stocks in the Firsthand Alternative Energy MF was 30%. For the same stocks of the MF, the average monthly volume growth was -32% and the average quarterly volume growth was 11%