Fidelity Select Utilities Growth Portfolio (FSUTX)
Fidelity Select Utilities Growth Portfolio operates in the Asset Management industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $118.80, up 0.42% on the session, giving a market capitalisation of $1.90B. On trailing twelve-month figures it carries a trailing P/E of 25.12, a net margin of 13.0%. Its beta of 0.56 implies it has historically moved less than the broad market.
This portfolio chiefly allocates its capital to common stocks. A minimum of 80% of its assets are dedicated to securities of companies primarily engaged in the utilities industry, or those that generate the majority of their revenue from utility operations. Its holdings include both U.S. and international issuers. Investment decisions are driven by a meticulous fundamental analysis, evaluating factors such as each company's financial stability, its position within the industry, and overarching market and economic conditions. Notably, the fund operates on a non-diversified basis.
Fidelity Select Utilities Growth Portfolio is most often compared with the following Financial Services names: