FSLEX Fidelity Environment & Alternative Engy Forecast, Technical & Fundamental Analysis

The most notable companies in this group are Microsoft Corp (NASDAQ:MSFT), Tesla (NASDAQ:TSLA), International Business Machines Corp (NYSE:IBM), Union Pacific Corp (NYSE:UNP), PROLOGIS (NYSE:PLD).

The investment seeks capital appreciation. The fund normally invests at least 80% of assets in securities of companies principally engaged in business activities related to alternative and renewable energy, energy efficiency, pollution control, water infrastructure, waste and recycling technologies, or other environmental support 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 Environment & Alternative Engy MF is 647.51B. The market cap for tickers in the group ranges from 69.98B to 3.85T. MSFT holds the highest valuation in this group at 3.85T. The lowest valued company is RSG at 69.98B.

The average weekly volume growth across all stocks in the Fidelity Environment & Alternative Engy MF was 17%. For the same stocks of the MF, the average monthly volume growth was 33% and the average quarterly volume growth was -39%