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), Taiwan Semiconductor Manufacturing Company Ltd (NYSE:TSM), Netflix (NASDAQ:NFLX), Applied Materials (NASDAQ:AMAT), Uber Technologies (NYSE:UBER), SERVICENOW (NYSE:NOW), Shopify (NYSE:SHOP).
Industry description
The investment seeks capital appreciation.
To pursue its goal, the fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in the stocks of growth companies of any size that the sub-adviser believes to be leading producers or beneficiaries of technological innovation. Up to 25% of the fund's assets may be invested in foreign securities. In choosing stocks, the fund's portfolio managers looks for technology companies with the potential for strong earnings or revenue growth rates.
Market Cap
The average market capitalization across the BNY Mellon Technology Growth A MF is 1.17T. The market cap for tickers in the group ranges from 99.33B to 3.42T. NVDA holds the highest valuation in this group at 3.42T. The lowest valued company is SHOP at 99.33B.
Volume
The average weekly volume growth across all stocks in the BNY Mellon Technology Growth A MF was 56%. For the same stocks of the MF, the average monthly volume growth was 58% and the average quarterly volume growth was -29%
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: 65
Price Growth Rating: 34
SMR Rating: 32
Profit Risk Rating: 23
Seasonality Score: -15 (-100 ... +100)