The most notable companies in this group are Apple (NASDAQ:AAPL), Microsoft Corp (NASDAQ:MSFT), Alphabet (NASDAQ:GOOGL), Amazon.com (NASDAQ:AMZN), NVIDIA Corp (NASDAQ:NVDA), Meta Platforms (NASDAQ:META), Tesla (NASDAQ:TSLA), Eli Lilly & Co (NYSE:LLY), Adobe (NASDAQ:ADBE), Shopify (NYSE:SHOP).
The investment seeks capital appreciation.
The fund invests in equity securities of U.S. and foreign companies across all market capitalization ranges that the portfolio management team believes demonstrate above-average, long-term growth potential. Under normal conditions, it invests at least 50% of its net assets in companies having a market capitalization at the time of purchase that falls within the market capitalization range of companies in the Russell 1000® Index.
The average market capitalization across the Lord Abbett Growth Leaders A MF is 370.7B. The market cap for tickers in the group ranges from 94.77B to 2.96T. AAPL holds the highest valuation in this group at 2.96T. The lowest valued company is SHOP at 94.77B.
The average weekly volume growth across all stocks in the Lord Abbett Growth Leaders A MF was 106%. For the same stocks of the MF, the average monthly volume growth was -20% and the average quarterly volume growth was -15%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 79
P/E Growth Rating: 53
Price Growth Rating: 31
SMR Rating: 48
Profit Risk Rating: 38
Seasonality Score: -4 (-100 ... +100)