Notable companies
The most notable companies in this group are NVIDIA Corp (NASDAQ:NVDA), Microsoft Corp (NASDAQ:MSFT), Apple (NASDAQ:AAPL), Alphabet (NASDAQ:GOOGL), Meta Platforms (NASDAQ:META), Broadcom Inc. (NASDAQ:AVGO), Adobe (NASDAQ:ADBE), Applied Materials (NASDAQ:AMAT), KLA Corp (NASDAQ:KLAC).
Industry description
The investment seeks long-term growth of capital.
The fund, under normal market conditions, invests at least 80% of its assets in the securities of companies engaged in the development, production, or distribution of wireless related products or services. It invests primarily in growth companies whose revenues and earnings are likely to grow faster than the economy as a whole, offering above-average prospects for capital appreciation and little or no emphasis on dividend income. The fund is non-diversified.
Market Cap
The average market capitalization across the Wireless MF is 1.38T. The market cap for tickers in the group ranges from 58.74B to 3.19T. NVDA holds the highest valuation in this group at 3.19T. The lowest valued company is MSI at 58.74B.
Volume
The average weekly volume growth across all stocks in the Wireless MF was 25%. For the same stocks of the MF, the average monthly volume growth was 10% and the average quarterly volume growth was -37%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 74
P/E Growth Rating: 51
Price Growth Rating: 33
SMR Rating: 27
Profit Risk Rating: 16
Seasonality Score: -6 (-100 ... +100)