On the “Industry Forecasts” page of the AI Stock Forecast, why are some Fidelity Funds listed more than once and have buy and sell ratings at the same time?
The industry forecasts are made specifically for the industry groups and not the Fidelity Funds. Since there are 100 industry groups, but only 39 industry specific mutual funds, some of the funds are cross referenced to more than one industry group. When making investment decisions for the AI Fund Portfolio, we would buy the Fidelity Fund that is related to the industry that has the buy rating regardless of any other contradictory hold or sell ratings that may be applied to another related industry group. Likewise, we would not sell the fund until a sell rating is issued for the initially related industry group. This is the system that we have used to produce the investment performance shown on the AI Performance page. Take a look at the Funds / Industries cross reference page for more information.
Related Questions
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