This fund’s top five holdings are: Apple Inc (AAPL, 7.57% of assets); Alphabet Inc A (GOOGL, 6.45%); Amazon.com Inc (AMZN, 6.07%); Facebook Inc A (FB, 4.25%) and Tesla Inc (TSLA, 3.56%). The fund is rated 5 Stars by Morningstar.
Fidelity Blue Chip Growth (FBGRX)
From The Chartist Mutual Fund/ETF Letter
There is no question that we are in a mature bull market. However, with our short-term model flashing a buy signal today, the odds are heavily weighted in favor of still higher prices over the
next two months.
Fidelity Blue Chip Growth Fund (FBGRX) seeks growth of capital over the long term. The fund invests primarily in common stocks of well-known and established companies. It normally invests at least 80% of assets in blue chip companies.
The fund invests in companies that Fidelity Management & Research Company (FMR) believes have above-average growth potential (stocks of these companies are often called “growth” stocks). FBGRX invests in securities of domestic and foreign issuers.
Dan Sullivan, The Chartist Mutual Fund/ETF Letter, www.thechartist.com, 900-942-4278, June 1, 2017