Notable companies
The most notable companies in this group are Alphabet (NASDAQ:GOOGL), Amazon.com (NASDAQ:AMZN), Meta Platforms (NASDAQ:META), Netflix Inc. (NASDAQ:NFLX), Walt Disney Company (The) (NYSE:DIS), Uber Technologies (NYSE:UBER), AT&T (NYSE:T).
Industry description
The investment seeks capital appreciation.
The fund normally invests at least 80% of assets in securities of companies principally engaged in the development, production, or distribution of communication services. It invests in domestic and foreign issuers. The fund uses fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions to select investments. It invests primarily in common stocks. The fund is non-diversified.
Market Cap
The average market capitalization across the Fidelity Select Communication Services MF is 1.05T. The market cap for tickers in the group ranges from 4.61B to 4.37T. GOOGL holds the highest valuation in this group at 4.37T. The lowest valued company is LBRDA at 4.61B.
Volume
The average weekly volume growth across all stocks in the Fidelity Select Communication Services MF was 136%. For the same stocks of the MF, the average monthly volume growth was 175% and the average quarterly volume growth was 215%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 54
P/E Growth Rating: 69
Price Growth Rating: 61
SMR Rating: 44
Profit Risk Rating: 66
Seasonality Score: 5 (-100 ... +100)