Notable companies
The most notable companies in this group are Abbott Laboratories (NYSE:ABT), Intuitive Surgical (NASDAQ:ISRG), Boston Scientific Corp (NYSE:BSX), Edwards Lifesciences Corp (NYSE:EW), IQVIA Holdings (NYSE:IQV).
Industry description
The investment seeks capital appreciation.
The fund normally invests at least 80% of its assets in securities of companies principally engaged in research, development, manufacture, distribution, supply, or sale of medical equipment, devices, and related technologies, companies enabling drug discovery, and companies providing information technology services primarily to health care providers. It invests primarily in common stocks. The fund invests in domestic and foreign issuers. The fund is non-diversified.
Market Cap
The average market capitalization across the Fidelity Select Medical Tech and Devcs MF is 115.47B. The market cap for tickers in the group ranges from 14B to 218.58B. TMO holds the highest valuation in this group at 218.58B. The lowest valued company is PEN at 14B.
Volume
The average weekly volume growth across all stocks in the Fidelity Select Medical Tech and Devcs MF was -11%. For the same stocks of the MF, the average monthly volume growth was 91% and the average quarterly volume growth was 38%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 62
P/E Growth Rating: 59
Price Growth Rating: 56
SMR Rating: 55
Profit Risk Rating: 65
Seasonality Score: -32 (-100 ... +100)