is one of the largest and most influential mutual fund companies in the world.
It's important to keep an eye on how its funds are doing.
That's why at TheStreet.com Ratings we took a look at the performances of our
We found that the Fidelity mutual funds heading up our list are focused on the utilities sector.
There are also two foreign funds and four domestic growth funds making up the top 10 funds in Fidelity's stable.
Solid Near Term
Fidelity Select Utilities Growth fund (FSUTX) and the
Fidelity Advisor Utilities fund (FAUBX), two of the three utility funds, are showing excellent near-term results.
Fidelity Select Utilities Growth has among its holdings
. The Fidelity Advisor Utilities' top holding include many of the same top holdings.
If the U.S. economy does slow, then a risk-averse investor might want to consider the utilities sector as a safe haven.
These two funds provide as good a performance as any we rate.
Investors wanting to diversify their holdings might want to add the
Fidelity Advisor International Discovery fund (FIADX) for international exposure. Some of the International Discovery fund's major holdings include
They may want to add the
Fidelity Advisor Value fund (FVIFX) for domestic growth, along with any investments in Utilities Growth or Advisor Utilities.
Fidelity Structured Mid-Cap Value fund(FSMVX) has also posted solid numbers and is worth consideration.
Sam Patel, CFA, is the manager of mutual fund research for the TheStreet.com Ratings.
In keeping with TSC's Investment Policy, employees of TheStreet.com Ratings with access to pre-publication ratings data must pre-clear any potential trade through the legal department, and are prohibited from trading any security that is the subject of an unpublished rating revision until the second business day after the rating is published.
While Patel cannot provide investment advice or recommendations, he appreciates your feedback;
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