- FCOM represents a Communication Services portfolio.
- While the fund had 111 holdings as of 30 July, 2021 according to Fidelity themselves, FCOM is highly concentrated in FB and GOOG/GOOGL stock.
- Nevertheless, the portfolio contains a balance (albeit skewed balance, in regard to FB and GOOG/GOOGL particularly) of various Communication Services stocks.
- Some of these stocks trade at quite inexpensive lower valuations, making the entire portfolio seem reasonably priced.
- The fund has generally outperformed SPY (S&P 500 tracker) since July/August 2018, and it is cyclically well-positioned to do more of the same.
For further details see:
FCOM: Reasonably Priced And Attractively Positioned