The most notable companies in this group are Union Pacific Corp (NYSE:UNP), United Parcel Service (NYSE:UPS), Uber Technologies (NYSE:UBER), FedEx Corp (NYSE:FDX), CSX Corp (NASDAQ:CSX), Norfolk Southern Corp (NYSE:NSC), Delta Air Lines (NYSE:DAL), Scorpio Tankers (NYSE:STNG).
The investment seeks capital appreciation.
The fund primarily invests in common stocks. It normally invests at least 80% of assets in securities of companies principally engaged in providing transportation services or companies principally engaged in the design, manufacture, distribution, or sale of transportation equipment. 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 Transportation MF is 34.28B. The market cap for tickers in the group ranges from 1.03B to 134.02B. UNP holds the highest valuation in this group at 134.02B. The lowest valued company is ATSG at 1.03B.
The average weekly volume growth across all stocks in the Fidelity® Select Transportation MF was 46%. For the same stocks of the MF, the average monthly volume growth was 53% and the average quarterly volume growth was 45%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 63
P/E Growth Rating: 41
Price Growth Rating: 47
SMR Rating: 50
Profit Risk Rating: 53
Seasonality Score: 8 (-100 ... +100)