AMIGX Amana Growth Institutional Forecast, Technical & Fundamental Analysis

The most notable companies in this group are Microsoft Corp (NASDAQ:MSFT), Apple (NASDAQ:AAPL), Alphabet (NASDAQ:GOOGL), Taiwan Semiconductor Manufacturing Company Ltd (NYSE:TSM), Eli Lilly & Co (NYSE:LLY), Advanced Micro Devices (NASDAQ:AMD), Intuit (NASDAQ:INTU), Adobe (NASDAQ:ADBE).

The investment seeks long-term capital growth, consistent with Islamic principles. The fund normally invests at least 80% of total net assets in common stocks. It invests only in common stocks, including foreign stocks. Investment decisions are made in accordance with Islamic principles. The fund diversifies its investments across industries and companies, and principally follows a large-cap value investment style.

The average market capitalization across the Amana Growth Institutional MF is 1.39T. The market cap for tickers in the group ranges from 139.5B to 3.82T. MSFT holds the highest valuation in this group at 3.82T. The lowest valued company is ADBE at 139.5B.

The average weekly volume growth across all stocks in the Amana Growth Institutional MF was -32%. For the same stocks of the MF, the average monthly volume growth was 11% and the average quarterly volume growth was -8%