Fidelity Growth Strategies Fund (FDEGX)
Fidelity Growth Strategies Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $74.78, up 0.58% on the session, giving a market capitalisation of $4.71B. Its beta of 1.18 implies it has historically moved more than the broad market.
The fund primarily focuses its investments on common equity shares. Its strategy involves seeking out companies that the advisor believes are well-positioned for rapid increases in their earnings or revenue, a hallmark of what are commonly known as "growth" stocks. Although the portfolio management team largely concentrates its holdings in medium-sized enterprises, it also maintains the flexibility to make significant allocations to both larger and smaller companies. The fund's investments are not limited by geography, including both domestic (U.S.) and international businesses.
Fidelity Growth Strategies Fund is most often compared with the following Financial Services names: