FNARX Fidelity Natural Resources Fund Forecast, Technical & Fundamental Analysis

The most notable companies in this group are Exxon Mobil Corp (NYSE:XOM), Canadian Natural Resources Limited (NYSE:CNQ), Pioneer Natural Resource Co (null:PXD), Phillips 66 (NYSE:PSX), Valero Energy Corp (NYSE:VLO).

The investment seeks capital appreciation. The fund normally invests at least 80% of assets in securities of companies principally engaged in owning or developing natural resources, or supplying goods and services to such companies, and in precious metals. It invests primarily in common stocks and in certain precious metals. The fund invests in domestic and foreign issuers. It uses fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions to select investments. The fund is non-diversified.

The average market capitalization across the Fidelity Natural Resources Fund MF is 111.37B. The market cap for tickers in the group ranges from 1.07B to 465.67B. XOM holds the highest valuation in this group at 465.67B. The lowest valued company is MEG at 1.07B.

The average weekly volume growth across all stocks in the Fidelity Natural Resources Fund MF was 26%. For the same stocks of the MF, the average monthly volume growth was 7% and the average quarterly volume growth was -21%