The most notable companies in this group are Microsoft Corp (NASDAQ:MSFT), Alphabet (NASDAQ:GOOGL), Amazon.com (NASDAQ:AMZN), NVIDIA Corp (NASDAQ:NVDA), Meta Platforms (NASDAQ:META), Tesla (NASDAQ:TSLA), SERVICENOW (NYSE:NOW), Palo Alto Networks (NASDAQ:PANW), Micron Technology (NASDAQ:MU), Arista Networks (NYSE:ANET).
The investment seeks long-term capital appreciation.
The fund normally invests at least 80% of the value of its net assets, plus any borrowings for investment purposes, in publicly traded equity securities of businesses that the portfolio managers believe are benefitting from or have the potential to benefit from advances in the use of artificial intelligence. It invests primarily in issuers that are characterized as "growth companies" according to criteria established by the portfolio managers, which may include attributes such as an expected growth cycle, accelerating earnings or cash flow, and general growth of a business sector.
The average market capitalization across the TCW Artificial Intelligence Equity I MF is 556.95B. The market cap for tickers in the group ranges from 68.03B to 2.84T. MSFT holds the highest valuation in this group at 2.84T. The lowest valued company is ANET at 68.03B.
The average weekly volume growth across all stocks in the TCW Artificial Intelligence Equity I MF was 3%. For the same stocks of the MF, the average monthly volume growth was -4% and the average quarterly volume growth was -14%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 76
P/E Growth Rating: 54
Price Growth Rating: 27
SMR Rating: 44
Profit Risk Rating: 38
Seasonality Score: -11 (-100 ... +100)