Nasdaq AAPL Apple

Below is Validea's guru fundamental report for APPLE INC (AAPL). Of the 22 guru strategies we follow, AAPL rates highest using our Twin Momentum Investor model based on the published strategy of Dashan Huang. This momentum model looks for a combination of fundamental momentum an

While portfolio diversification can be a way for investors to reduce their exposure to risk, it's clear that Berkshire Hathaway CEO Warren Buffett isn't a big fan of the strategy. In fact, the Oracle of Omaha has said that "Diversification is protection against ignorance. It make

Indian aerospace suppliers see record jet orders by the country's top two carriers boosting domestic parts manufacturing and aircraft repairs, but argue the government must do more to support production.

Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) CEO Warren Buffett is easily one of the greatest investors of our time. In 58 years since taking the reins, the Oracle of Omaha has led his company's Class A shares (BRK.A) to an aggregate gain of better than 4,100,000%, as of the cl

Indian aerospace suppliers see record jet orders by the country's top two carriers boosting domestic parts manufacturing and aircraft repairs, but argue the government must do more to support production.

Nearly halfway through 2023, a relatively unheralded ETF with under $1 billion in assets under management is the best-performing actively-managed diversified ETF this year. It’s the Fidelity Blue Chip Growth ETF ( BATS:FBCG) , and it’s up a scintillating 38.9% year to date. Here’s a look at why this ETF is on a tear, how it invests, and whether it could be a good addition to investors' portfolios.    Actively vs. Passively-Managed Funds Before delving into the specifics of FBCG itself, let’s briefly touch on what actively managed means and the difference between actively-managed and passively-managed funds. Nowadays, many of the market’s most-popular ETFs are passively managed, meaning that they simply track a specific index with the goal of replicating its performance before fees and expenses. Proponents say that index funds remove the room for human error.  Conversely, in an actively-managed fund, a portfolio manager or several managers actively make investment decisions in an effort to outperform a specific benchmark and generate superior returns. Actively-managed funds generally have higher turnover and more trading and are typically more expensive (in terms of fees) than passively-managed funds or index funds.  Nonetheless, index funds have grown in popularity in recent years, as research has consistently shown that most active managers fail to beat their benchmark over the long term.     What Does the FBCG ETF Do? Now that we've reviewed active versus passive, let's focus on actively-managed FBCG. With $632.6 million in assets under management (AUM), FBCG doesn’t get quite the same love from investors as some of the more popular large-cap growth ETFs out there. However, part of the reason for this is that it’s relatively new -- the ETF only launched in 2020. It normally invests at least 80% of its assets in blue-chip companies, which Fidelity Management & Research says are “well-known, well-established, and well-capitalized” companies. Fidelity says that the companies FBCG invests in typically have medium or large market caps, and they believe that they exhibit “above-average growth potential.” Now that we know FBCG’s strategy and what it looks for in investments, what does it look like in practice?  FBCG's Blue-Chip Portfolio FBCG holds 162 positions, and its top 10 holdings account for 55.4% of assets.   With a focus on blue-chip, medium- and large-cap growth stocks, it’s no surprise that FBCG’s top positions are dominated by large-cap tech stocks. Much has been made about the broader market’s gains in 2023, coming largely from the "magnificent seven" -- Apple ( NASDAQ:AAPL ), Microsoft ( NASDAQ:MSFT ), Nvidia ( NASDAQ:NVDA ), Amazon ( NASDAQ:AMZN ), Alphabet ( NASDAQ:GOOGL ), Meta Platforms ( NASDAQ:META ), and Tesla ( NASDAQ:TSLA ). These seven stocks are also FBCG’s top seven holdings, which explains why the ETF has had such a strong performance this year. Outside of the "magnificent seven," three more tech-oriented stocks, Marvell Technologies ( NASDAQ:MRVL ), Uber ( NYSE:UBER ), and Netflix ( NASDAQ:NFLX ), round out FBCG’s top holdings.  Take a look at the table below from TipRank’s holdings tool for an overview of FBCG’s top 10 holdings. While FBCG is tech-heavy, it isn’t limited to tech stocks. Just outside the top 10, you’ll find stocks like UnitedHealth Group ( NYSE:UNH ), Lowe’s ( NYSE:LOW ), Eli Lilly ( NYSE:LLY ), Nike ( NYSE:NKE ), and Mastercard ( NYSE:MA ). Energy drink company Celsius Holdings ( NASDAQ:CELH ), which is up 136% over the past year, is also among FBCG’s holdings, so the managers are finding some strong performers beyond the "usual suspects."   In terms of sector allocations, information technology is by far the largest sector that the fund invests in, with a 40.9% weighting (as of the end of Q1). After that, consumer discretionary accounts for a 22.9% weighting, and communications services accounts for a 13.9% weighting. All other sectors have a single-digit weighting.  Is FBCG Stock a Buy, According to Wall Street's Top Analysts? Turning to the opinions of Wall Street's best-performing analysts (measured by TipRanks), FBCG has a Moderate Buy consensus rating, as 70.1% of analyst ratings are Buys, 27.2% are Holds, and 2.7% are Sells. At $32.17, the average FBCG stock price target implies 9.8% upside potential.  Paying the Price for Active Management One downside to FBCG is that it has relatively high fees, with an expense ratio of 0.59%. This means that an investor putting $10,000 into FBCG will pay $59 in fees in year one. Over the course of a 10-year investment, assuming the expense ratio remains the same and that the fund gains 5% a year, this investor will pay $738 in fees.  In fairness to FBCG, this is an actively-managed fund, which is more expensive to run than a passive index fund, but this is still something investors need to keep in mind, as these fees add up over time.  Investor Takeaway With large-cap tech stocks having a huge year, FBCG is in the driver’s seat, and the fund has made hay while the sun is shining with a red-hot gain of nearly 40% year-to-date. The fund has a high-quality portfolio of blue-chip stocks and a solid outlook from analysts, so there’s a lot to like here.  On the other hand, the fairly new fund hasn’t yet established much of a long-term track record, so it remains to be seen how it performs over a longer time frame. Additionally, its high fees are something that investors need to consider when investing.  Alternatively, investors who want to invest in these same types of stocks have plenty of other options that have longer track records and lower fees, such as the Invesco QQQ Trust ETF ( NASDAQ:QQQ) or the Schwab U.S. Large Cap Growth ETF ( NYSEARCA:SCHG) .  The top 10 holdings of QQQ and SCHG have plenty of overlap with FBCG’s top 10, as all three funds hold the "magnificent seven" within their top 10 holdings, and both QQQ and SCHG are up nicely year-to-date, with total returns of 37.9% and 33.5%, respectively. QQQ’s expense ratio of 0.2% and SCHG’s expense ratio of 0.04% are considerably lower than that of FBCG. An investor in QQQ would pay $255 in fees over a 10-year time frame, while an investor in SCHG would pay just $51 (assuming 5% annual returns).  This isn’t to say that there's anything wrong with a more expensive, actively-managed ETF, especially one that is performing as well as FBCG. Investors interested in this style of portfolio should certainly kick the tires on it. This ETF looks like a decent choice for investors who are interested in something actively-managed or want to simply invest in blue-chip, large-cap growth stocks and are okay with the higher expense ratio and shorter track record. Disclosure  

U.S. stock indexes rebounded on Tuesday from a recent losing streak as upbeat economic data soothed investor worries about an imminent recession triggered by the Federal Reserve's aggressive interest rate hikes.

The NASDAQ 100 After Hours Indicator is down -16.52 to 14,929.39. The total After hours volume is currently 105,872,964 shares traded.The following are the most active stocks for the after hours session: NIO Inc. (NIO) is +0.01 at $9.35, with 5,738,261 shares traded. NIO's curre

U.S. stock indexes rebounded on Tuesday from a recent losing streak as upbeat economic data soothed investor worries about an imminent recession triggered by the Federal Reserve's aggressive interest rate hikes.

Tech stocks were higher late Tuesday with the Technology Select Sector SPDR Fund (XLK) gaining 2.1% and the Philadelphia Semiconductor index up 3.6%.

U.S. stock indexes rebounded on Tuesday from a recent losing streak as upbeat economic data soothed investor worries about an imminent recession triggered by the Federal Reserve's aggressive interest rate hikes.

A U.S. judge has rejected Apple's bid to throw out a class-action lawsuit that accused Chief Executive Tim Cook of defrauding shareholders by concealing falling demand for iPhones in China.

Tech stocks were higher Tuesday afternoon, with the Technology Select Sector SPDR Fund (XLK) rising 1.6% and the Philadelphia Semiconductor index up 2.7%.

The Dow Jones Industrial Average (DJIA), is one of the most recognized and tracked global stock market indicators. In fact, it often acts as a gauge of the overall condition of the US economy. It observes the movements of 30 prominent, mature, and financially stable companies acr

A U.S. judge has rejected Apple's bid to throw out a class-action lawsuit that accused Chief Executive Tim Cook of defrauding shareholders by concealing falling demand for iPhones in China.

For quite some time now, tech stocks have been the poster child for growth stocks. Total returns for the tech-heavy Nasdaq Composite index are up around 350% in the past decade, compared with around 230% for the more diversified S&P 500 over the same timeframe.Regardless of t

Below is Validea's guru fundamental report for APPLE INC (AAPL). Of the 22 guru strategies we follow, AAPL rates highest using our Patient Investor model based on the published strategy of Warren Buffett. This strategy seeks out firms with long-term, predictable profitability an

Publicly traded firms with suspect management teams can possibly notch short-term gains. However, over the long term, the odds of investor success at poorly run companies lengthen. Conversely, companies with strong management don’t see their shares appreciate in straight-line fashion. However, the probabilities of long-term success are on investors’ sides. One point to remember is [...] Read more at ETFtrends.com.

It has not been a good year for either Dogecoin (CRYPTO: DOGE) or Shiba Inu (CRYPTO: SHIB). Both meme coins are down about 5% for the year, at a time when market leader Bitcoin (CRYPTO: BTC) has soared by more than 80%. Even worse, Dogecoin and Shiba Inu are not even garnering at

The Goldman Sachs MarketBeta U.S. 1000 Equity ETF (GUSA) was launched on 04/05/2022, and is a passively managed exchange traded fund designed to offer broad exposure to the Large Cap Blend segment of the US equity market.