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Fund Spy

Fidelity Low-Priced Stock Remains Legendary

Helmed by Joel Tillinghast, this massive fund--both in terms of asset size and portfolio holdings--continues to defy the odds.

The following is our latest Fund Analyst Report for Fidelity Low-Priced Stock K (FLPKX). Morningstar Premium Members have access to full analyst reports such as this for more than 1,000 of the largest and best mutual funds. Not a Premium Member? Gain full access to our analyst reports and advanced tools immediately when you try Morningstar Premium free for 14 days.

A legendary investor’s disciplined approach combined with low fees and Morningstar’s enhanced ratings methodology underlie the upgrade of Fidelity Low-Priced Stock's Morningstar Analyst Rating to Gold from Silver for its K share class. The fund’s no-load and K6 share classes remain Silver.

Robby Greengold does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.