Notable companies
The most notable companies in this group are Microsoft Corp (NASDAQ:MSFT), Apple (NASDAQ:AAPL), Amazon.com (NASDAQ:AMZN), Alphabet (NASDAQ:GOOG), VISA (NYSE:V), Unitedhealth Group (NYSE:UNH), Chevron Corp (NYSE:CVX), Hess Corp (NYSE:HES).
Industry description
The investment seeks long-term capital growth consistent with the preservation of capital; its secondary goal is current income.
The fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in common stocks. It focuses on "blue chip" companies with total market capitalizations of more than $5 billion at the time of purchase, including multinational companies. In addition to direct investments, the fund may invest in securities of foreign companies in the form of U.S. dollar-denominated American Depositary Receipts (ADRs).
Market Cap
The average market capitalization across the BNY Mellon Appreciation I MF is 1.24T. The market cap for tickers in the group ranges from 46.88B to 3.15T. MSFT holds the highest valuation in this group at 3.15T. The lowest valued company is HES at 46.88B.
Volume
The average weekly volume growth across all stocks in the BNY Mellon Appreciation I MF was 50%. For the same stocks of the MF, the average monthly volume growth was -19% 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: 70
P/E Growth Rating: 54
Price Growth Rating: 38
SMR Rating: 31
Profit Risk Rating: 18
Seasonality Score: -11 (-100 ... +100)