FSDPX Fidelity Select Materials Forecast, Technical & Fundamental Analysis

The most notable companies in this group are Newmont Corp (NYSE:NEM), Freeport-McMoran (NYSE:FCX), Nucor Corp (NYSE:NUE).

The investment seeks capital appreciation. The fund invests primarily in common stocks. It invests at least 80% of assets in securities of companies principally engaged in the manufacture, mining, processing, or distribution of raw materials and intermediate goods. 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 Materials MF is 69.11B. The market cap for tickers in the group ranges from 16.9B to 224.76B. LIN holds the highest valuation in this group at 224.76B. The lowest valued company is ALB at 16.9B.

The average weekly volume growth across all stocks in the Fidelity Select Materials MF was 48%. For the same stocks of the MF, the average monthly volume growth was 13% and the average quarterly volume growth was -38%