Notable companies
The most notable companies in this group are Alphabet (NASDAQ:GOOG), Alphabet (NASDAQ:GOOGL), Meta Platforms (NASDAQ:META), Netflix (NASDAQ:NFLX), Walt Disney Company (The) (NYSE:DIS), AT&T (NYSE:T), Verizon Communications (NYSE:VZ), Comcast Corp (NASDAQ:CMCSA).
Industry description
The investment seeks daily investment results, before fees and expenses, that correspond to one and one-half times (1.5x) of the daily performance of the S&P Communication Services Select Sector Index.
The fund invests in financial instruments that the fund advisors believes, in combination, should produce daily returns consistent with the Daily Target. The index represents the communication services sector of the S&P 500 Index. The fund is non-diversified.
Market Cap
The average market capitalization across the Communication Services UltraSectorProSvc MF is 1.02T. The market cap for tickers in the group ranges from 124.35B to 2.51T. GOOG holds the highest valuation in this group at 2.51T. The lowest valued company is CMCSA at 124.35B.
Volume
The average weekly volume growth across all stocks in the Communication Services UltraSectorProSvc MF was 38%. For the same stocks of the MF, the average monthly volume growth was -9% and the average quarterly volume growth was -3%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 41
P/E Growth Rating: 60
Price Growth Rating: 27
SMR Rating: 39
Profit Risk Rating: 51
Seasonality Score: -40 (-100 ... +100)