Notable companies
The most notable companies in this group are NVIDIA Corp (NASDAQ:NVDA), Microsoft Corp (NASDAQ:MSFT), Apple (NASDAQ:AAPL), Meta Platforms (NASDAQ:META), Exxon Mobil Corp (NYSE:XOM), Bank of America Corp (NYSE:BAC), Wells Fargo & Co (NYSE:WFC), GE Aerospace (NYSE:GE), Boeing Company (NYSE:BA).
Industry description
The investment seeks high total return through a combination of current income and capital appreciation.
The fund invests at least 80% of its assets in common stocks of companies with mega market capitalizations (which, for purposes of this fund, are those companies with market capitalizations similar to companies in the Russell Top 200® Index or the S&P 100® Index). It invests in domestic and foreign issuers and invests in either "growth" stocks or "value" stocks or both. The adviser 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.
Market Cap
The average market capitalization across the Fidelity Advisor Mega Cap Stock M MF is 1.32T. The market cap for tickers in the group ranges from 109.21B to 3.59T. NVDA holds the highest valuation in this group at 3.59T. The lowest valued company is BA at 109.21B.
Volume
The average weekly volume growth across all stocks in the Fidelity Advisor Mega Cap Stock M MF was 55%. For the same stocks of the MF, the average monthly volume growth was 44% and the average quarterly volume growth was 4%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 73
P/E Growth Rating: 39
Price Growth Rating: 35
SMR Rating: 19
Profit Risk Rating: 26
Seasonality Score: 10 (-100 ... +100)