The most notable companies in this group are Unitedhealth Group (NYSE:UNH), Wells Fargo & Co (NYSE:WFC), Elevance Health (NYSE:ELV), AutoZone (NYSE:AZO), PG&E Corp (NYSE:PCG).
The investment seeks capital appreciation.
The fund normally invests primarily in common stocks. It normally invests at least 80% of its assets in low-priced stocks (those priced at or below $35 per share or with an earnings yield at or above the median for the Russell 2000 ® Index), which can lead to investments in small and medium-sized companies. The fund potentially invests in stocks not considered low-priced. It invests in domestic and foreign issuers.
The average market capitalization across the Fidelity® Low-Priced Stock K6 MF is 70.61B. The market cap for tickers in the group ranges from 2.53B to 468.8B. UNH holds the highest valuation in this group at 468.8B. The lowest valued company is NXT at 2.53B.
The average weekly volume growth across all stocks in the Fidelity® Low-Priced Stock K6 MF was -77%. For the same stocks of the MF, the average monthly volume growth was 25% and the average quarterly volume growth was -35%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 49
P/E Growth Rating: 52
Price Growth Rating: 44
SMR Rating: 54
Profit Risk Rating: 45
Seasonality Score: -8 (-100 ... +100)