Notable companies
The most notable companies in this group are Microsoft Corp (NASDAQ:MSFT), Apple (NASDAQ:AAPL), Alphabet (NASDAQ:GOOGL), Taiwan Semiconductor Manufacturing Company Ltd (NYSE:TSM), Eli Lilly & Co (NYSE:LLY), Adobe (NASDAQ:ADBE), Advanced Micro Devices (NASDAQ:AMD), Intuit (NASDAQ:INTU).
Industry description
The investment seeks long-term capital growth, consistent with Islamic principles.
The fund normally invests at least 80% of total net assets in common stocks. It invests only in common stocks, including foreign stocks. Investment decisions are made in accordance with Islamic principles. The fund diversifies its investments across industries and companies, and principally follows a large-cap value investment style.
Market Cap
The average market capitalization across the Amana Growth Institutional MF is 1.08T. The market cap for tickers in the group ranges from 179.12B to 3.15T. MSFT holds the highest valuation in this group at 3.15T. The lowest valued company is INTU at 179.12B.
Volume
The average weekly volume growth across all stocks in the Amana Growth Institutional MF was 38%. For the same stocks of the MF, the average monthly volume growth was 41% and the average quarterly volume growth was 15%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 64
P/E Growth Rating: 68
Price Growth Rating: 54
SMR Rating: 32
Profit Risk Rating: 22
Seasonality Score: 18 (-100 ... +100)