fsptx Stock Price Today: $24.56, Down 0.5%

Introduction

Fidelity Select Portfolio for Technology (FSPTX) is a mutual fund that invests in technology companies. The fund has a Morningstar rating of 4 stars and has an expense ratio of 0.6%.

Recent Performance

FSPTX has underperformed the S&P 500 index over the past year, returning 12.5% compared to 21.0%. However, the fund has outperformed the index over the past three years, returning 15.0% compared to 12.0%.

Factors Affecting the Stock Price

The stock price of FSPTX is affected by a number of factors, including:

• The performance of the technology sector. The fund is heavily invested in technology companies, so its performance is closely tied to the performance of the sector.
• Interest rates. Rising interest rates can make it more expensive for companies to borrow money, which can hurt their profits and stock prices.
• Economic growth. A strong economy can lead to increased demand for technology products and services, which can benefit FSPTX.
• Competition. FSPTX competes with a number of other technology funds, so its performance is also affected by the performance of its competitors.

Investment Considerations

FSPTX is a good investment for investors who are looking for a diversified investment in the technology sector. The fund has a long track record of success and a low expense ratio. However, investors should be aware that the fund is subject to the risks of the technology sector and the overall economy.

Common Mistakes to Avoid

There are a few common mistakes that investors should avoid when investing in FSPTX:

• Investing too much money in the fund. FSPTX is a volatile fund, so investors should only invest as much money as they can afford to lose.
• Buying the fund at a high price. Investors should try to buy FSPTX at a low price, when the fund is trading at a discount to its net asset value (NAV).
• Selling the fund too soon. FSPTX is a long-term investment, and investors should not sell the fund unless they have a good reason to do so.

Pros and Cons

Pros:

• Diversified investment in the technology sector
• Long track record of success
• Low expense ratio

Cons:

• Subject to the risks of the technology sector and the overall economy
• Volatile fund
• May not be suitable for all investors

Conclusion

FSPTX is a good investment for investors who are looking for a diversified investment in the technology sector. The fund has a long track record of success and a low expense ratio. However, investors should be aware that the fund is subject to the risks of the technology sector and the overall economy.

Additional Information

• FSPTX has a minimum investment of $2,500.
• The fund is available in both regular and IRA accounts.
• FSPTX is managed by Fidelity Investments.

Tables

Table 1: FSPTX Performance Data

Table 2: FSPTX Risk Data

Table 3: FSPTX Holdings

Table 4: FSPTX Fees