DGVRX BNY Mellon Technology Growth I Forecast, Technical & Fundamental Analysis

The most notable companies in this group are NVIDIA Corp (NASDAQ:NVDA), Microsoft Corp (NASDAQ:MSFT), Amazon.com (NASDAQ:AMZN), Meta Platforms (NASDAQ:META), Taiwan Semiconductor Manufacturing Company Ltd (NYSE:TSM), Netflix (NASDAQ:NFLX), Uber Technologies (NYSE:UBER), Shopify Inc (NASDAQ:SHOP), SERVICENOW (NYSE:NOW), Applied Materials (NASDAQ:AMAT).

The investment seeks capital appreciation. To pursue its goal, the fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in the stocks of growth companies of any size that the sub-adviser believes to be leading producers or beneficiaries of technological innovation. Up to 25% of the fund's assets may be invested in foreign securities. In choosing stocks, the fund's portfolio managers looks for technology companies with the potential for strong earnings or revenue growth rates.

The average market capitalization across the BNY Mellon Technology Growth I MF is 1.49T. The market cap for tickers in the group ranges from 129.81B to 4.4T. NVDA holds the highest valuation in this group at 4.4T. The lowest valued company is AMAT at 129.81B.

The average weekly volume growth across all stocks in the BNY Mellon Technology Growth I MF was 28%. For the same stocks of the MF, the average monthly volume growth was 6% and the average quarterly volume growth was -7%