FSAVX Fidelity Select Automotive Port Forecast, Technical & Fundamental Analysis

The most notable companies in this group are Tesla (NASDAQ:TSLA), AutoZone (NYSE:AZO), General Motors Company (NYSE:GM).

The investment seeks capital appreciation. The fund normally invests at least 80% of assets in securities of companies principally engaged in the manufacture, marketing or sale of automobiles, trucks, specialty vehicles, parts, tires, and related services. It invests primarily in common stocks. 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 Select Automotive Port MF is 121.3B. The market cap for tickers in the group ranges from 9.81B to 559.85B. TSLA holds the highest valuation in this group at 559.85B. The lowest valued company is ALV at 9.81B.

The average weekly volume growth across all stocks in the Fidelity Select Automotive Port MF was 11%. For the same stocks of the MF, the average monthly volume growth was -44% and the average quarterly volume growth was -37%