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BTECX Baron Technology Institutional Forecast, Technical & Fundamental Analysis

Category Technology
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are NVIDIA Corp (NASDAQ:NVDA), Microsoft Corp (NASDAQ:MSFT), Amazon.com (NASDAQ:AMZN), Meta Platforms (NASDAQ:META), Broadcom Inc. (NASDAQ:AVGO), Advanced Micro Devices (NASDAQ:AMD), Lam Research Corp (NASDAQ:LRCX), Spotify Technology SA (NYSE:SPOT).

Industry description

The investment seeks capital appreciation. The fund, under normal market conditions, invests at least 80% of its net assets in equity securities in the form of common stock of U.S. and non-U.S. technology companies of any market capitalization, selected for their durable growth potential from the development, advancement and use of technology, however, investments in non-U.S. securities are limited to 35% of the fund’s total assets at the time of purchase. Technology companies may be located anywhere in the world, including developing countries. The fund is non-diversified.

Market Cap

The average market capitalization across the Baron Technology Institutional MF is 1.13T. The market cap for tickers in the group ranges from 38.59B to 3.48T. NVDA holds the highest valuation in this group at 3.48T. The lowest valued company is CSGP at 38.59B.

Volume

The average weekly volume growth across all stocks in the Baron Technology Institutional MF was 61%. For the same stocks of the MF, the average monthly volume growth was 22% 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: 78
P/E Growth Rating: 60
Price Growth Rating: 43
SMR Rating: 46
Profit Risk Rating: 23
Seasonality Score: 10 (-100 ... +100)
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A.I. Advisor
published General Information

General Information

Category Technology

Profile
Fundamentals
Details
Category
Technology
Address
Baron Select Funds767 Fifth Avenue 49th FloorNew York
Phone
N/A
Web
www.baronfunds.com
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BTECX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, BTECX has been closely correlated with PRGTX. These tickers have moved in lockstep 97% of the time. This A.I.-generated data suggests there is a high statistical probability that if BTECX jumps, then PRGTX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To BTECX
1D Price
Change %
BTECX100%
-2.62%
PRGTX - BTECX
97%
Closely correlated
-2.21%
FSPTX - BTECX
96%
Closely correlated
-2.38%
JATNX - BTECX
94%
Closely correlated
-2.58%
VITAX - BTECX
91%
Closely correlated
-2.39%
CCIZX - BTECX
91%
Closely correlated
-1.26%
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