Weight Problems: Fidelity Skippers Differ on How Much Tech to Own
Despite all their vaunted research and inside dope, the folks at Fidelity just can't decide whether ravaged tech stocks will pop up or just keep falling.
That's the news from the massive Boston fund shop's latest Mutual Fund Guide, released Tuesday, which lists each fund's sector weightings through the end of last month. A close look at the numbers uncovers an unusually stark divergence of opinion at the nation's largest fund shop, known for its expertise at spreading some of its $570 billion retail fund assets across the mercurial sector. Some managers have more than halved their exposure to the sagging sector, while others are buying. ...
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