FMDGX Fidelity Mid Cap Growth Index Forecast, Technical & Fundamental Analysis

The most notable companies in this group are Datadog (NASDAQ:DDOG), Lumentum Holdings (NASDAQ:LITE), Simon Property Group (NYSE:SPG), Teradyne (NASDAQ:TER), Targa Resources Corp (NYSE:TRGP).

The investment seeks to provide investment results that correspond to the total return of stocks of mid-capitalization U.S. companies. The fund normally invests at least 80% of assets in securities included in the Russell Midcap® Growth Index, which is a market capitalization-weighted index designed to measure the performance of the mid-cap growth segment of the U.S. equity market.

The average market capitalization across the Fidelity Mid Cap Growth Index MF is 94.31B. The market cap for tickers in the group ranges from 56B to 117.8B. NET holds the highest valuation in this group at 117.8B. The lowest valued company is ALAB at 56B.

The average weekly volume growth across all stocks in the Fidelity Mid Cap Growth Index MF was -19%. For the same stocks of the MF, the average monthly volume growth was -7% and the average quarterly volume growth was -62%