MERDX Meridian Growth Legacy Forecast, Technical & Fundamental Analysis

The investment seeks long-term growth of capital. Under normal circumstances, the fund emphasizes small- and mid-capitalization growth companies that the Investment Adviser believes may have prospects for above-average growth in revenues and earnings because of many factors, including high sales growth, high unit growth, industry growth, high or improving returns on assets and equity and a strong balance sheet. It may invest up to 25% of its total assets, calculated at the time of purchase, in securities of foreign companies, including emerging market companies.

The average market capitalization across the Meridian Growth Legacy MF is 9.1B. The market cap for tickers in the group ranges from 1.03B to 25.09B. STE holds the highest valuation in this group at 25.09B. The lowest valued company is ALIT at 1.03B.

The average weekly volume growth across all stocks in the Meridian Growth Legacy MF was -72%. For the same stocks of the MF, the average monthly volume growth was -79% and the average quarterly volume growth was -68%