Notable companies
The most notable companies in this group are Apple (NASDAQ:AAPL), Amazon.com (NASDAQ:AMZN), Meta Platforms (NASDAQ:META), QUALCOMM (NASDAQ:QCOM), AT&T (NYSE:T), American Tower Corp (NYSE:AMT), Marvell Technology (NASDAQ:MRVL).
Industry description
The investment seeks capital appreciation.
The fund invests primarily in common stocks. It invests at least 80% of assets in securities of companies principally engaged in activities relating to wireless communications services or products. 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 Wireless MF is 746.15B. The market cap for tickers in the group ranges from 58.74B to 2.62T. AAPL holds the highest valuation in this group at 2.62T. The lowest valued company is MSI at 58.74B.
Volume
The average weekly volume growth across all stocks in the Fidelity Select Wireless MF was 55%. For the same stocks of the MF, the average monthly volume growth was 83% and the average quarterly volume growth was 68%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 66
P/E Growth Rating: 52
Price Growth Rating: 34
SMR Rating: 40
Profit Risk Rating: 31
Seasonality Score: 15 (-100 ... +100)