AMDWX Amana Developing World Investor Forecast, Technical & Fundamental Analysis

The most notable companies in this group are NVIDIA Corp (NASDAQ:NVDA), Taiwan Semiconductor Manufacturing Company Ltd (NYSE:TSM), QUALCOMM (NASDAQ:QCOM), Colgate-Palmolive Company (NYSE:CL).

The investment seeks long-term capital growth, consistent with Islamic principles. The fund invests at least 80% of total net assets in common stocks of companies with significant exposure (50% or more of production assets, or revenues) to countries with developing economies and/or markets. Investment decisions are made in accordance with Islamic principles. It diversifies its investments across the industries, companies, and countries of the developing world, and principally follows a large-cap value investment style.

The average market capitalization across the Amana Developing World Investor MF is 1.06T. The market cap for tickers in the group ranges from 21.7B to 4.52T. NVDA holds the highest valuation in this group at 4.52T. The lowest valued company is JBL at 21.7B.

The average weekly volume growth across all stocks in the Amana Developing World Investor MF was -13%. For the same stocks of the MF, the average monthly volume growth was -26% and the average quarterly volume growth was -73%