The Fidelity Blue Chip Growth Fund (FBGRX) is a mutual fund that primarily invests in large, established companies with a history of strong growth potential. These companies are typically leaders in their respective industries and have a track record of consistent earnings and revenue growth. The fund aims to provide long-term capital appreciation for its investors by investing in a diversified portfolio of blue chip stocks. With a focus on growth-oriented companies, FBGRX offers investors the potential for higher returns, but also carries a higher level of risk. This mutual fund is managed by Fidelity Investments, a well-known and reputable financial services company.
For Mutual Funds, the calculations for the Smart Score, Analyst Consensus, Price Target, Blogger Sentiment, News Sentiment and Insider Transactions are based on the weighted average of the Mutual Fund's holdings and some additional factors. Hedge Fund Trend, Crowd Wisdom and Technicals are based on the actual Mutual Fund ticker.