Fidelity MSCI Information Technology ETF News

FTEC is a five-star rated technology ETF with a strong performance track record: The average annual return over the life of the fund is 16.82%. However, with 38.5% of the fund allocated to only two st

Sector ETF report for FTEC

Billionaire investor George Soros recently bought Alphabet shares recently, Amazon shares are also in his kitty.

Hardware is undervalued by 27% relative to 11-year averages. Other industries, except semiconductors, are significantly overvalued.

Sector ETF report for FTEC

Apple saw its best single-day performance in more than two years that led to a record market value gain of $190.9 billion.

Buffett's company owns a specialty investment firm known as New England Asset Management, which bets big on these five stocks.

Apple (AAPL) climbed 7.5% at the close a day after it reported robust fourth-quarter fiscal 2022 results. This represents the best one-day performance since April 2020.

U.S. tech stocks have been hitting rough weather as rising rate worries are weighing on their lofty valuations. Is It time to buy the dip?

Sector ETF report for FTEC

The bear market of 2022 and the current rising interest rate environment have been tough on the relatively high-flying Technology Sector. That being the case, the Fidelity MSCI Information Technology

Apple beat the estimates on both the top and bottom lines and posted record quarterly revenues.

Mega-cap technology stocks climbed after Microsoft and Alphabet reported better-than-expected earnings yesterday. Microsoft (MSFT) missed on both revenue and profit expectations, but the stock rose on

Microsoft (MSFT) ended its long track of beating estimates by missing on both earnings and revenues but issued an optimistic growth forecast.

July may be a great time to check out the best Fidelity ETFs, as some top names are currently for sale at bargain valuations. The post 7 Best Fidelity ETFs to Buy in July appeared first on InvestorPla