Notable companies
The most notable companies in this group are Alphabet (NASDAQ:GOOG), Taiwan Semiconductor Manufacturing Company Ltd (NYSE:TSM), Cisco Systems (NASDAQ:CSCO), Palo Alto Networks Inc (NASDAQ:PANW), Arista Networks Inc (NYSE:ANET).
Industry description
The investment seeks long-term capital appreciation.
The fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of companies in the Information Technology and Health Care sectors. Equity securities in which the fund may invest include common stocks and preferred stocks of companies of any market capitalization. It is non-diversified.
Market Cap
The average market capitalization across the ICON Health and Information Tech Inv MF is 441.91B. The market cap for tickers in the group ranges from 1.06B to 4.19T. GOOG holds the highest valuation in this group at 4.19T. The lowest valued company is SCSC at 1.06B.
Volume
The average weekly volume growth across all stocks in the ICON Health and Information Tech Inv MF was 13%. For the same stocks of the MF, the average monthly volume growth was -23% and the average quarterly volume growth was -12%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 54
P/E Growth Rating: 40
Price Growth Rating: 39
SMR Rating: 56
Profit Risk Rating: 51
Seasonality Score: -29 (-100 ... +100)