FNCMX Fidelity Nasdaq Composite Index Forecast, Technical & Fundamental Analysis

The most notable companies in this group are NVIDIA Corp (NASDAQ:NVDA), Apple (NASDAQ:AAPL), Alphabet (NASDAQ:GOOGL), Alphabet (NASDAQ:GOOG), Microsoft Corp (NASDAQ:MSFT), Amazon.com (NASDAQ:AMZN), Broadcom Inc. (NASDAQ:AVGO), Meta Platforms (NASDAQ:META), Tesla (NASDAQ:TSLA), Costco Wholesale Corp (NASDAQ:COST).

The investment seeks to provide investment returns that closely correspond to the price and yield performance of the Nasdaq Composite Index®. The fund normally invests at least 80% of assets in common stocks included in the index. The advisor uses statistical sampling techniques that take into account such factors as capitalization, industry exposures, dividend yield, price/earnings (P/E) ratio, price/book (P/B) ratio, and earnings growth to create a portfolio of securities listed in the index that have a similar investment profile to the entire index. The advisor lends securities to earn income for the fund.

The average market capitalization across the Fidelity Nasdaq Composite Index MF is 2.94T. The market cap for tickers in the group ranges from 422.14B to 4.86T. NVDA holds the highest valuation in this group at 4.86T. The lowest valued company is COST at 422.14B.

The average weekly volume growth across all stocks in the Fidelity Nasdaq Composite Index MF was 67%. For the same stocks of the MF, the average monthly volume growth was 40% and the average quarterly volume growth was -39%