FSRBX Fidelity Select Banking Forecast, Technical & Fundamental Analysis

The most notable companies in this group are Bank of America Corp (NYSE:BAC), Wells Fargo & Co (NYSE:WFC), Citigroup (NYSE:C), PNC Financial Services Group (NYSE:PNC), US Bancorp (NYSE:USB), KeyCorp (NYSE:KEY).

The investment seeks capital appreciation. The fund invests primarily in common stocks. It normally invests at least 80% of assets in securities of companies principally engaged in banking. 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 Banking MF is 108.89B. The market cap for tickers in the group ranges from 8.47B to 368.64B. BAC holds the highest valuation in this group at 368.64B. The lowest valued company is BPOP at 8.47B.

The average weekly volume growth across all stocks in the Fidelity Select Banking MF was 30%. For the same stocks of the MF, the average monthly volume growth was 29% and the average quarterly volume growth was -3%