Notable companies
The most notable companies in this group are NVIDIA Corp (NASDAQ:NVDA), Apple (NASDAQ:AAPL), Amazon.com (NASDAQ:AMZN), Alphabet (NASDAQ:GOOGL), Tesla (NASDAQ:TSLA), Netflix (NASDAQ:NFLX), Alibaba Group Holding Limited (NYSE:BABA), Twitter (NYSE:TWTR), Baidu (NASDAQ:BIDU).
Industry description
The investment seeks to link the return to the performance of the gross total return version of the NYSE® FANG+™ Index.
The index is an equal-dollar weighted index designed to represent a segment of the technology and consumer discretionary sectors consisting of highly-traded growth stocks of technology and tech-enabled companies. The notes are unsecured and unsubordinated obligations of Bank of Montreal. Each note will have an initial principal amount of $50.
Market Cap
The average market capitalization across the MicroSectors™ FANG+™ ETN ETF is 1.41T. The market cap for tickers in the group ranges from 36.81B to 3.48T. NVDA holds the highest valuation in this group at 3.48T. The lowest valued company is BIDU at 36.81B.
High and low price notable news
The average weekly price growth across all stocks in the MicroSectors™ FANG+™ ETN ETF was -3%. For the same ETF, the average monthly price growth was 4%, and the average quarterly price growth was 17%. NFLX experienced the highest price growth at 4%, while BABA experienced the biggest fall at -6%.
Volume
The average weekly volume growth across all stocks in the MicroSectors™ FANG+™ ETN ETF was 12%. For the same stocks of the ETF, the average monthly volume growth was 38% and the average quarterly volume growth was -2%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 75
P/E Growth Rating: 68
Price Growth Rating: 33
SMR Rating: 40
Profit Risk Rating: 40
Seasonality Score: 2 (-100 ... +100)