Notable companies
The most notable companies in this group are Microsoft Corp (NASDAQ:MSFT), NVIDIA Corp (NASDAQ:NVDA), Apple (NASDAQ:AAPL), Amazon.com (NASDAQ:AMZN), Alphabet (NASDAQ:GOOGL), Meta Platforms (NASDAQ:META), Eli Lilly & Co (NYSE:LLY), VISA (NYSE:V), Unitedhealth Group (NYSE:UNH), Advanced Micro Devices (NASDAQ:AMD).
Industry description
The investment seeks capital appreciation.
The fund normally invests in common stocks. The advisor identifies early signs of long-term changes in the marketplace and focusing on those companies that may benefit from opportunities created by these changes by examining technological advances, product innovation, economic plans, demographics, social attitudes, and other factors, which can lead to investments in small and medium-sized companies. The fund invests in either "growth" stocks or "value" stocks or both.
Market Cap
The average market capitalization across the Fidelity New Millennium MF is 1.57T. The market cap for tickers in the group ranges from 253.73B to 3.15T. MSFT holds the highest valuation in this group at 3.15T. The lowest valued company is AMD at 253.73B.
Volume
The average weekly volume growth across all stocks in the Fidelity New Millennium MF was -24%. For the same stocks of the MF, the average monthly volume growth was -1% and the average quarterly volume growth was -39%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 77
P/E Growth Rating: 64
Price Growth Rating: 39
SMR Rating: 33
Profit Risk Rating: 15
Seasonality Score: -43 (-100 ... +100)