Notable companies
The most notable companies in this group are Alphabet (NASDAQ:GOOGL), JPMorgan Chase & Co (NYSE:JPM), Unitedhealth Group (NYSE:UNH), Mastercard (NYSE:MA), Lam Research Corp (NASDAQ:LRCX), AutoZone (NYSE:AZO).
Industry description
The investment seeks capital appreciation.
In pursuit of its investment objective, the fund may invest in any security type (e.g., common and preferred stocks, bonds, convertible securities, etc.) and in any industry or sector, in domestic or foreign companies, and in companies of any size. Generally, the investment manager seeks to invest in what it believes to be quality companies with unique combinations of strength in operations, products, and finances with either growth or value characteristics. It is non-diversified.
Market Cap
The average market capitalization across the Midas Magic MF is 452.31B. The market cap for tickers in the group ranges from 6.79B to 1.94T. GOOGL holds the highest valuation in this group at 1.94T. The lowest valued company is CACC at 6.79B.
Volume
The average weekly volume growth across all stocks in the Midas Magic MF was -25%. For the same stocks of the MF, the average monthly volume growth was 20% and the average quarterly volume growth was -11%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 69
P/E Growth Rating: 39
Price Growth Rating: 48
SMR Rating: 38
Profit Risk Rating: 22
Seasonality Score: -28 (-100 ... +100)