Notable companies
The most notable companies in this group are Microsoft Corp (NASDAQ:MSFT), Alphabet (NASDAQ:GOOG), Amazon.com (NASDAQ:AMZN), Meta Platforms (NASDAQ:META), Oracle Corp (NYSE:ORCL), Cisco Systems (NASDAQ:CSCO), QUALCOMM (NASDAQ:QCOM), KLA Corp (NASDAQ:KLAC), NXP Semiconductors NV (NASDAQ:NXPI).
Industry description
The investment seeks long-term capital growth.
The fund will invest at least 80% of its net assets, under normal circumstances, in equity securities of companies operating in the technology sector, as determined by the Adviser. It invests primarily in common stocks of U.S. companies, but may, to a lesser extent, invest in equity REITs, common stocks of foreign companies and American Depositary Receipts ("ADRs") that meet the investment criteria of the fund.
Market Cap
The average market capitalization across the Red Oak Technology Select MF is 1.25T. The market cap for tickers in the group ranges from 56.99B to 3.8T. MSFT holds the highest valuation in this group at 3.8T. The lowest valued company is NXPI at 56.99B.
Volume
The average weekly volume growth across all stocks in the Red Oak Technology Select MF was -60%. For the same stocks of the MF, the average monthly volume growth was 52% and the average quarterly volume growth was -25%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 45
P/E Growth Rating: 44
Price Growth Rating: 33
SMR Rating: 28
Profit Risk Rating: 33
Seasonality Score: -42 (-100 ... +100)