Notable companies
The most notable companies in this group are NVIDIA Corp (NASDAQ:NVDA), Meta Platforms (NASDAQ:META), Lam Research Corp (NASDAQ:LRCX), Applied Materials (NASDAQ:AMAT), CrowdStrike Holdings (NASDAQ:CRWD), Pure Storage (NYSE:PSTG).
Industry description
The investment seeks long-term capital appreciation.
The fund invests primarily in companies whose securities are listed on U.S. national securities exchanges, including through American Depositary Receipts (“ADRs”), which are U.S. dollar-denominated securities of foreign issuers listed on U.S. national securities exchanges. Under normal circumstances, it invests at least 80% of its net assets in securities of companies that are principally engaged in the research, design, development, manufacturing, or distributing of products or services in the technology industry.
Market Cap
The average market capitalization across the Hennessy Technology Investor MF is 700.24B. The market cap for tickers in the group ranges from 4.09B to 4.39T. NVDA holds the highest valuation in this group at 4.39T. The lowest valued company is CLBT at 4.09B.
Volume
The average weekly volume growth across all stocks in the Hennessy Technology Investor MF was 91%. For the same stocks of the MF, the average monthly volume growth was 77% and the average quarterly volume growth was -25%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 59
P/E Growth Rating: 100
Price Growth Rating: 39
SMR Rating: 100
Profit Risk Rating: 43
Seasonality Score: -60 (-100 ... +100)