Fidelity Select Wireless (FWRLX)
Fidelity Select Wireless operates in the Asset Management industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $15.32, up 0.59% on the session, giving a market capitalisation of $312.5M. On trailing twelve-month figures it carries a trailing P/E of -30.04, a net margin of -131.9%. Its beta of 1.03 implies it has historically moved more than the broad market.
The fund chiefly allocates its capital to common equities, committing a minimum of 80% of its assets to enterprises primarily focused on wireless communication services or related products. It pursues investment opportunities from both domestic and foreign companies. The selection of investments is guided by a rigorous fundamental analysis, evaluating factors such as each issuer's financial stability, its standing within its industry, and prevailing market and economic landscapes. This particular fund is categorized as non-diversified.
Fidelity Select Wireless is most often compared with the following Financial Services names: