Notable companies
The most notable companies in this group are Microsoft Corp (NASDAQ:MSFT), Alphabet (NASDAQ:GOOGL), Oracle Corp (NYSE:ORCL), Salesforce (NYSE:CRM), Adobe (NASDAQ:ADBE), Palo Alto Networks (NASDAQ:PANW), Workday (NASDAQ:WDAY), Autodesk (NASDAQ:ADSK).
Industry description
The investment seeks capital appreciation.
The fund invests primarily in common stocks. It normally invests at least 80% of assets in securities of companies principally engaged in research, design, production, or distribution of products or processes that relate to software or information-based services. The fund invests in domestic and foreign issuers. It 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. The fund is non-diversified.
Market Cap
The average market capitalization across the Fidelity Select Software & IT Svcs Port MF is 689.61B. The market cap for tickers in the group ranges from 32.27B to 3.15T. MSFT holds the highest valuation in this group at 3.15T. The lowest valued company is HUBS at 32.27B.
Volume
The average weekly volume growth across all stocks in the Fidelity Select Software & IT Svcs Port MF was 34%. For the same stocks of the MF, the average monthly volume growth was 36% and the average quarterly volume growth was 44%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 74
P/E Growth Rating: 73
Price Growth Rating: 55
SMR Rating: 37
Profit Risk Rating: 38
Seasonality Score: 16 (-100 ... +100)