Fidelity Select Portfolios Air Transportation Portfolio (FSAIX)
Fidelity Select Portfolios Air Transportation Portfolio operates in the Asset Management industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $57.59, up 0.58% on the session, giving a market capitalisation of $325.3M. On trailing twelve-month figures it carries a trailing P/E of 22.85, a net margin of 4.5%. Its beta of 1.48 implies it has historically moved more than the broad market.
This portfolio primarily allocates its capital to equity securities. A substantial portion, specifically at least 80% of its assets, is committed to companies principally involved in air transportation services, covering the movement of passengers, postal deliveries, and freight across regional, national, and global routes. The fund's holdings include both U.S. and international issuers. Investment decisions are guided by in-depth fundamental analysis, assessing factors such as an issuer's financial stability, its competitive standing within its industry, and the prevailing market and economic landscapes. This is a concentrated, non-diversified fund.
Fidelity Select Portfolios Air Transportation Portfolio is most often compared with the following Financial Services names: