Fidelity Low-Priced Stock Fund (FLPSX) Fund Overview

Fidelity Low-Priced Stock Fund (FLPSX) Financial Services Profile

Fidelity Low-Priced Stock Fund (FLPSX) is an asset management fund focused on low-priced stocks, primarily in small and medium-sized companies. With at least 80% of its assets in stocks priced at or below $35 or meeting earnings yield criteria, FLPSX aims for capital appreciation through a mix of growth and value investments.

What Is the Investment Thesis for FLPSX?

The fund's strategy of investing at least 80% of its assets in low-priced stocks, defined as those priced at or below $35 per share or meeting the Russell 2000 earnings yield criteria, offers exposure to potential growth opportunities often overlooked by larger funds. With a beta of 0.92, the fund exhibits slightly lower volatility compared to the broader market. Key catalysts include the continued economic recovery driving growth in smaller companies and the fund's ability to identify undervalued assets with significant upside potential. However, potential risks include the inherent volatility associated with small-cap stocks and the fund's performance being tied to the overall health of the small to medium-sized company segment.

Based on FMP financials and quantitative analysis

FLPSX Key Highlights

The fund invests at least 80% of its assets in low-priced stocks, providing exposure to small and medium-sized companies.

• FLPSX has a beta of 0.92, indicating slightly lower volatility than the broader market.
• The fund invests in both growth and value stocks, offering a blended investment approach.
• FLPSX can invest in both domestic and foreign issuers, providing diversification opportunities.
• The fund does not distribute dividends, focusing instead on capital appreciation.

Who Are FLPSX's Competitors?

FLPSX is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.

AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance

What Are FLPSX's Key Strengths?

Established brand and reputation of Fidelity Investments.

• Focus on low-priced stocks provides exposure to potential growth opportunities.
• Diversified investment approach (growth and value stocks, domestic and foreign issuers).
• Experienced investment team with access to Fidelity's research resources.

What Are FLPSX's Weaknesses?

Performance is heavily reliant on the performance of small and medium-sized companies.

• Higher volatility compared to funds focused on large-cap stocks.
• Limited dividend income.
• Susceptible to market downturns affecting small-cap stocks.

What Are the Key Risks for FLPSX?

Inherent volatility associated with small-cap stocks.

• Fund's performance being tied to the overall health of the small to medium-sized company segment.
• Market downturns negatively impacting small-cap stocks.
• Increased competition from passive investment strategies and ETFs.

What Threats Does FLPSX Face?

• Economic downturns negatively impacting small and medium-sized companies.
• Increased competition from passive investment strategies and ETFs.
• Changes in market regulations affecting investment strategies.
• Fluctuations in currency exchange rates impacting foreign investments.

What Are FLPSX's Competitive Advantages?

• Established brand reputation of Fidelity Investments.
• Extensive research capabilities and investment expertise.
• Focus on a specific niche market (low-priced stocks).
• Diversified investment approach (growth and value stocks, domestic and foreign issuers).

What Does FLPSX Do?

Fidelity Low-Priced Stock Fund (FLPSX) is a mutual fund managed by Fidelity Investments. The fund was created with the objective of achieving capital appreciation by investing primarily in common stocks, with a significant emphasis on low-priced stocks. These are defined as stocks priced at or below $35 per share or those with an earnings yield at or above the median for the Russell 2000 Index. This investment strategy leads the fund to invest predominantly in small and medium-sized companies, offering exposure to a different segment of the market compared to funds focused on large-cap stocks. The fund maintains flexibility in its investment approach, allowing it to invest in stocks that may not be considered low-priced and to include both domestic and foreign issuers in its portfolio. FLPSX employs a blended investment style, considering both growth and value stocks in its selection process. This approach allows the fund to adapt to changing market conditions and identify opportunities across different investment styles. The fund's investment decisions are guided by Fidelity's research capabilities and investment expertise, aiming to deliver long-term value to its investors. The fund's focus on low-priced stocks differentiates it from other funds that may concentrate on established, high-value companies. This strategy can provide exposure to companies with significant growth potential but may also carry higher risks associated with smaller market capitalization companies.

What Products and Services Does FLPSX Offer?

• Invests primarily in common stocks.
• Focuses on low-priced stocks (at or below $35 per share or meeting earnings yield criteria).
• Invests in small and medium-sized companies.
• Potentially invests in stocks not considered low-priced.
• Invests in both domestic and foreign issuers.
• Employs a blended investment style, considering both growth and value stocks.

How Does FLPSX Make Money?

• Generates revenue through management fees based on assets under management (AUM).
• Aims to achieve capital appreciation for its investors through strategic stock selection.
• Utilizes Fidelity's research capabilities and investment expertise to make informed investment decisions.

What Industry Does FLPSX Operate In?

The asset management industry is characterized by intense competition and evolving investor preferences. Funds like Fidelity Low-Priced Stock Fund operate in a landscape where performance, fees, and investment strategies are key differentiators. The trend towards passive investing and the rise of ETFs have put pressure on actively managed funds to demonstrate their value proposition. FLPSX's focus on low-priced stocks within the small and medium-sized company segment positions it within a niche market, potentially offering higher growth opportunities but also increased volatility compared to broader market funds.

Who Are FLPSX's Key Customers?

• Individual investors seeking capital appreciation.
• Institutional investors looking for exposure to small and medium-sized companies.
• Retirement savers seeking long-term growth.

FLPSX Financials

FLPSX Latest News

No recent news available for FLPSX.

FLPSX Analyst Consensus

FLPSX MoonshotScore

Fidelity Low-Priced Stock Fund Financials Stock: Key Questions Answered

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

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