Notable companies
The most notable companies in this group are Microsoft Corp (NASDAQ:MSFT), Tesla (NASDAQ:TSLA), Cisco Systems (NASDAQ:CSCO), Arista Networks Inc (NYSE:ANET), Analog Devices (NASDAQ:ADI), Nextera Energy Inc (NYSE:NEE), PROLOGIS (NYSE:PLD), NXP Semiconductors NV (NASDAQ:NXPI).
Industry description
The investment seeks capital appreciation.
The fund normally invests at least 80% of assets in securities of companies principally engaged in business activities related to alternative and renewable energy, energy efficiency, pollution control, water infrastructure, waste and recycling technologies, or other environmental support services. It invests primarily in common stocks. 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 Environment & Alternative Engy MF is 453.08B. The market cap for tickers in the group ranges from 59.67B to 3.68T. MSFT holds the highest valuation in this group at 3.68T. The lowest valued company is NXPI at 59.67B.
Volume
The average weekly volume growth across all stocks in the Fidelity Environment & Alternative Engy MF was -23%. For the same stocks of the MF, the average monthly volume growth was -18% and the average quarterly volume growth was -52%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 58
P/E Growth Rating: 49
Price Growth Rating: 51
SMR Rating: 44
Profit Risk Rating: 50
Seasonality Score: -39 (-100 ... +100)