ASILX AB Select US Long/Short I Forecast, Technical & Fundamental Analysis

The most notable companies in this group are NVIDIA Corp (NASDAQ:NVDA), Apple (NASDAQ:AAPL), Alphabet (NASDAQ:GOOGL), Microsoft Corp (NASDAQ:MSFT), Amazon.com (NASDAQ:AMZN), Meta Platforms (NASDAQ:META), JPMorgan Chase & Co (NYSE:JPM), Goldman Sachs Group (NYSE:GS).

The investment seeks long-term growth of capital. Under normal circumstances, the fund invests at least 80% of its net assets in equity securities of U.S. companies, short positions in such securities, and cash and U.S. cash equivalents. Its investments will be focused on securities of companies with large and medium market capitalizations, but it may also take long and short positions in securities of small-capitalization companies. The fund may invest in non-U.S. companies, but currently intends to limit its investments in such companies to no more than 10% of its net assets.

The average market capitalization across the AB Select US Long/Short I MF is 2.85T. The market cap for tickers in the group ranges from 300.43B to 4.86T. NVDA holds the highest valuation in this group at 4.86T. The lowest valued company is GS at 300.43B.

The average weekly volume growth across all stocks in the AB Select US Long/Short I MF was 93%. For the same stocks of the MF, the average monthly volume growth was 40% and the average quarterly volume growth was -32%