Notable companies
The most notable companies in this group are NVIDIA Corp (NASDAQ:NVDA), Microsoft Corp (NASDAQ:MSFT), Broadcom Inc. (NASDAQ:AVGO), Salesforce (NYSE:CRM), Adobe (NASDAQ:ADBE), Advanced Micro Devices (NASDAQ:AMD), Lam Research Corp (NASDAQ:LRCX), MongoDB (NASDAQ:MDB).
Industry description
The investment seeks long-term capital appreciation.
The fund normally invests at least 80% of the fund's investable assets in equity and equity-related securities of technology or technology-related companies. The term "investable assets" refers to the fund's net assets plus any borrowings for investment purposes. The fund's investable assets will be less than its total assets to the extent that it has borrowed money for non-investment purposes, such as to meet anticipated redemptions. It may participate in the initial public offering ("IPO") market. The fund is non-diversified.
Market Cap
The average market capitalization across the PGIM Jennison Technology Z MF is 838.58B. The market cap for tickers in the group ranges from 3.79B to 3.3T. NVDA holds the highest valuation in this group at 3.3T. The lowest valued company is CAMT at 3.79B.
Volume
The average weekly volume growth across all stocks in the PGIM Jennison Technology Z MF was 29%. For the same stocks of the MF, the average monthly volume growth was 81% and the average quarterly volume growth was -28%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 67
P/E Growth Rating: 80
Price Growth Rating: 43
SMR Rating: 52
Profit Risk Rating: 30
Seasonality Score: 4 (-100 ... +100)