ESSIX Essential 40 Stock I Forecast, Technical & Fundamental Analysis

The most notable companies in this group are Microsoft Corp (NASDAQ:MSFT), Apple (NASDAQ:AAPL), Amazon.com (NASDAQ:AMZN), Alphabet (NASDAQ:GOOGL), Meta Platforms (NASDAQ:META), Oracle Corp (NYSE:ORCL), Intel Corp (NASDAQ:INTC), Palo Alto Networks (NASDAQ:PANW), MARATHON PETROLEUM Corp (NYSE:MPC), FedEx Corp (NYSE:FDX).

The investment seeks to track, before fees and expenses, the performance of the Essential 40 Stock Index. The fund, under normal market conditions, invests at least 80% of its net assets (plus any borrowings for investment purposes) in the common stocks of companies that comprise the Essential 40 Stock Index (the "index"), which measures the investment return of the equity securities of forty blue-chip U.S. companies.

The average market capitalization across the Essential 40 Stock I MF is 1.16T. The market cap for tickers in the group ranges from 71.3B to 3.15T. MSFT holds the highest valuation in this group at 3.15T. The lowest valued company is FDX at 71.3B.

The average weekly volume growth across all stocks in the Essential 40 Stock I MF was 183%. For the same stocks of the MF, the average monthly volume growth was 193% and the average quarterly volume growth was 169%