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ITHAX’s Top Holding Was Trading above Moving Averages

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Moving average for the top-performing stock in ITHAX

The top-performing stocks of the Hartford Capital Appreciation Fund-Class A (ITHAX) in the last year as of December 28, 2015, are Amazon (AMZN), Alphabet (GOOG), Facebook (FB), and Allergan (AGN).

Amazon was trading at 1.3%, 4.5%, and 33.1% above its 20-day, 50-day, and 200-day moving average, respectively, as of December 28, 2015. The company returned 34% in the last three months ending December 28, 2015, and it gained 1.9% as compared to the previous day. Amazon’s trailing PE stood at 953.49x while its consensus price target for the next 12 months is $740, according to the NASDAQ. Amazon made up 1.4% of the fund’s portfolio as of October 2015.

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Alphabet was trading at 1.3%, 4.3%, and 23.6% above its 20-day, 50-day, and 200-day moving averages, respectively, as of December 28, 2015. The company has a consensus target estimate of $838 in the next 12 months, according to the NASDAQ. The company has earnings per share of $22.75 with a trailing PE of $32.87. Alphabet made up 2.3% of ITHAX’s net assets as of November 2015.

Allergan closed at $308.88 on December 28, 2015. It was trading 0.5% below the 20-day moving average. Meanwhile, the company was trading 2.3% above the 50-day moving average and 2.5% above the 200-day moving average price. Allergan’s trailing PE (price-to-earnings) stood at 38.45x while its consensus target 12-month estimate price was $360. Allergan makes up 1.8% of ITHAX’s portfolio as of November 2015.

Facebook closed at $105.93 as of December 28, 2015. It was trading at 0.7%, 1.3% above its 20-day and 50-day moving average, respectively. Facebook’s trailing PE stood at 105.72x while its consensus target 12-month estimate price is $125. Facebook made up 1.6% of ITHAX’s net assets as of November 2015.

For more analysis on mutual funds, please visit Market Realist’s mutual fund page.

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