Fidelity Select Portfolios - Utilities Portfolio(NASDAQMUTFUND) FSUTX

Fidelity Select Utilities Growth Portfolio focuses on investing in companies primarily engaged in the utilities sector. The portfolio allocates at least 80% of its assets to securities of these companies, aiming for long-term capital appreciation.

Products and Services

• Invests in common stocks of utility companies
• Includes both U.S. and international issuers
• Utilizes fundamental analysis for investment decisions

Growth Outlook

• Recent quarterly revenue reached $185.3 million, showing strong demand
• Net income for Q4 2023 was $25.3 million, indicating profitability
• Operating income margin improved to 28.9% in Q4 2023

Financial Highlights

• Trailing twelve-month revenue of $685.6 million reflects consistent growth
• Dividend yield stands at 5.69%, appealing for income-focused investors
• Market capitalization of approximately $1.9 billion supports stability

The Fidelity Select Utilities Growth Portfolio is designed for investors seeking exposure to the utilities sector, characterized by its focus on companies that provide essential services. The portfolio's strategy emphasizes long-term growth through careful selection of stocks based on rigorous analysis of financial health and market conditions. Recent financial performance highlights the portfolio's resilience, with significant revenue and net income figures indicating a robust operational framework. The attractive dividend yield further enhances its appeal, making it a noteworthy option for those interested in utility investments.