FSVLX Fidelity Select Fintech Port Forecast, Technical & Fundamental Analysis

The most notable companies in this group are VISA (NYSE:V), Mastercard (NYSE:MA), American Express Company (NYSE:AXP), Shopify Inc (NASDAQ:SHOP), Capital One Financial (NYSE:COF), PayPal Holdings (NASDAQ:PYPL), Block Inc (NYSE:XYZ), Synchrony Financial (NYSE:SYF).

The investment seeks capital appreciation. The fund normally invests at least 80% of assets in securities of companies principally engaged in providing products and services in fintech. 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 Fintech Port MF is 185.43B. The market cap for tickers in the group ranges from 25.86B to 698.09B. V holds the highest valuation in this group at 698.09B. The lowest valued company is SYF at 25.86B.

The average weekly volume growth across all stocks in the Fidelity Select Fintech Port MF was 13%. For the same stocks of the MF, the average monthly volume growth was 5% and the average quarterly volume growth was -44%