Notable companies
The most notable companies in this group are VISA (NYSE:V), Mastercard (NYSE:MA), Intuit (NASDAQ:INTU), American Express Company (NYSE:AXP), Shopify (NYSE:SHOP), Discover Financial Services (NYSE:DFS).
Industry description
The investment seeks capital appreciation.
The fund normally invests at least 80% of assets in securities of companies principally engaged in providing products and services in fintech. 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 Fintech Port MF is 185.7B. The market cap for tickers in the group ranges from 21.98B to 573.25B. V holds the highest valuation in this group at 573.25B. The lowest valued company is CPAY at 21.98B.
Volume
The average weekly volume growth across all stocks in the Fidelity Select Fintech Port MF was 14%. For the same stocks of the MF, the average monthly volume growth was 91% and the average quarterly volume growth was -35%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 78
P/E Growth Rating: 52
Price Growth Rating: 28
SMR Rating: 35
Profit Risk Rating: 32
Seasonality Score: 37 (-100 ... +100)