Key Takeaways • The near-term growth outlook for electricity demand in the U.S. remains challenging, due largely to weak domestic economic prospects and the unfavorable U.S. fiscal situation. • Valuations in the utilities sector are generally expensive on an absolute basis and relative to the broad…
Morningstar senior fund analyst Christopher Davis sizes up performance and stewardship at the fund family and discusses some of his favorite Fidelity funds.
The decrease in the tech giant's shares are no cause for concern, says Fidelity manager Sonu Kalra, who suggests looking at past correlations between Apple's price movement and product cycles.
Relative to their categories, Fidelity's stock funds generally fared better than its fixed-income portfolios last year, but several funds in both camps have good long-term prospects.