The most notable companies in this group are Devon Energy Corp (NYSE:DVN), Chesapeake Energy Corp (NASDAQ:CHK).
The investment seeks capital appreciation through investments, primarily in equity securities, which are believed to be undervalued in the marketplace.
The fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in equity securities of mid-sized companies. It may invest up to 10% of its net assets in foreign companies, including emerging market companies, American Depositary Receipts ("ADRs"), and other similar depositary receipts. The adviser defines foreign companies as those whose securities are traded primarily on non-U.S. securities exchanges.
The average market capitalization across the Lord Abbett Mid Cap Stock A MF is 18.3B. The market cap for tickers in the group ranges from 8.73B to 61.12B. KKR holds the highest valuation in this group at 61.12B. The lowest valued company is BJ at 8.73B.
The average weekly volume growth across all stocks in the Lord Abbett Mid Cap Stock A MF was -33%. For the same stocks of the MF, the average monthly volume growth was -58% and the average quarterly volume growth was -59%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 61
P/E Growth Rating: 60
Price Growth Rating: 43
SMR Rating: 43
Profit Risk Rating: 43
Seasonality Score: -16 (-100 ... +100)