Notable companies
The most notable companies in this group are Microsoft Corp (NASDAQ:MSFT), Alphabet (NASDAQ:GOOGL), Amazon.com (NASDAQ:AMZN), VISA (NYSE:V), Unitedhealth Group (NYSE:UNH), SERVICENOW (NYSE:NOW), Chipotle Mexican Grill (NYSE:CMG).
Industry description
The investment seeks long-term capital appreciation.
The fund normally invests at least 80% of its total assets in large cap equity securities; and up to 25% of the fund's total assets in equity securities of foreign issuers through ADRs and similar investments. The managers seek to identify companies that have the prospect for strong sales and earnings growth rates, that enjoy a competitive advantage and that they believe have effective management with a history of making investments that are in the best interests of shareholders (for example, companies with a history of earnings and sales growth that are in excess of total asset growth).
Market Cap
The average market capitalization across the Allspring Discovery Large Cap Gr R6 MF is 465.26B. The market cap for tickers in the group ranges from 53.22B to 2.84T. MSFT holds the highest valuation in this group at 2.84T. The lowest valued company is MSI at 53.22B.
Volume
The average weekly volume growth across all stocks in the Allspring Discovery Large Cap Gr R6 MF was 42%. For the same stocks of the MF, the average monthly volume growth was 22% and the average quarterly volume growth was 9%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 81
P/E Growth Rating: 54
Price Growth Rating: 27
SMR Rating: 41
Profit Risk Rating: 16
Seasonality Score: -9 (-100 ... +100)