Fidelity Select Communication Services Portfolio Q3 2024 Review
In the third quarter of 2024, the Fidelity Select Communication Services Portfolio continued to show strong performance. This portfolio focuses on companies within the communication services sector, including telecommunications, media, and internet services.
During this quarter, the portfolio saw growth in key holdings such as major telecommunications companies and streaming services providers. These companies benefited from increased demand for their services as more people relied on communication technologies for work, entertainment, and socializing.
Overall, the Fidelity Select Communication Services Portfolio remains well-positioned in a rapidly evolving industry. Investors can continue to expect solid returns from this sector as it continues to play a crucial role in our daily lives.
Keep an eye on this portfolio as it navigates through the dynamic landscape of the communication services sector in the coming quarters.