Fidelity Blue Chip Growth Fund (FBGRX)
Fidelity Blue Chip Growth Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $312.65, up 1.14% on the session, giving a market capitalisation of $106.87B. Its beta of 1.34 implies it has historically moved more than the broad market.
This fund predominantly invests in equity shares. It typically commits a minimum of 80% of its assets to blue-chip companies, which Fidelity Management & Research Company LLC (FMR) defines as well-known, established, and well-capitalized enterprises, generally having large or medium market valuations. The portfolio includes securities from both domestic and international entities. Investment choices are guided by a thorough fundamental analysis, examining factors like an issuer's financial health, industry competitive position, and broader market and economic trends.
Fidelity Blue Chip Growth Fund is most often compared with the following Financial Services names: