Notable companies
The most notable companies in this group are NVIDIA Corp (NASDAQ:NVDA), Alphabet (NASDAQ:GOOGL), Apple (NASDAQ:AAPL), Microsoft Corp (NASDAQ:MSFT), Amazon.com (NASDAQ:AMZN), Broadcom Inc. (NASDAQ:AVGO), Meta Platforms (NASDAQ:META), JPMorgan Chase & Co (NYSE:JPM), Applied Materials (NASDAQ:AMAT), Walt Disney Company (The) (NYSE:DIS).
Industry description
The investment seeks long-term capital appreciation with low correlation to the U.S. equity market.
The fund pursues its investment objective by establishing long and short positions in a diversified portfolio of equity securities. Substantially all of the equity securities in which the fund takes long and short positions will be included in the fund's benchmark index, the Russell 1000 Index, at the time the position is taken. As a result, the fund will invest significantly in large-capitalization companies, though it may also invest in mid-capitalization companies.
Market Cap
The average market capitalization across the Nuveen Equity Long/Short I MF is 2.36T. The market cap for tickers in the group ranges from 171.24B to 4.85T. NVDA holds the highest valuation in this group at 4.85T. The lowest valued company is DIS at 171.24B.
Volume
The average weekly volume growth across all stocks in the Nuveen Equity Long/Short I MF was -13%. For the same stocks of the MF, the average monthly volume growth was 7% and the average quarterly volume growth was -17%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 63
P/E Growth Rating: 57
Price Growth Rating: 46
SMR Rating: 27
Profit Risk Rating: 32
Seasonality Score: 26 (-100 ... +100)