Notable companies
The most notable companies in this group are Bank of America Corp (NYSE:BAC), Wells Fargo & Co (NYSE:WFC), Citigroup (NYSE:C), US Bancorp (NYSE:USB), PNC Financial Services Group (NYSE:PNC), KeyCorp (NYSE:KEY).
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 banking. 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 Banking MF is 86.54B. The market cap for tickers in the group ranges from 6.32B to 299.21B. BAC holds the highest valuation in this group at 299.21B. The lowest valued company is BPOP at 6.32B.
Volume
The average weekly volume growth across all stocks in the Fidelity Select Banking MF was -9%. For the same stocks of the MF, the average monthly volume growth was -16% and the average quarterly volume growth was 18%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 67
P/E Growth Rating: 24
Price Growth Rating: 38
SMR Rating: 4
Profit Risk Rating: 55
Seasonality Score: 55 (-100 ... +100)