Fidelity Select Software & IT Services Portfolio (FSCSX) Fund Overview
Educational signal · not a buy or sell recommendation · How to read this
Beta 1.23: the stock has moved about 23% more than the S&P 500.
For informational purposes only. Not financial advice. Machine-generated analysis by Stock Expert AI — model gemini-2.0-flash, generated Mar 18, 2026. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief. Data sources: Financial Modeling Prep, Yahoo Finance, SEC EDGAR
Quick AnswerFidelity Select Software & IT Services Portfolio (FSCSX) trades at $23.14. Fidelity Select Software & IT Services Portfolio (FSCSX) is a non-diversified fund focused on companies involved in software and information-based services. Sector: Financial services.
Price as of Sep 11, 2026 · Last analyzed: Mar 18, 2026Analyst Coverage for FSCSX: FSCSX does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates FSCSX against Financial Services peers across nine fundamental dimensions and assigns a neutral fundamental signal based on the underlying data.
Fidelity Select Software & IT Services Portfolio (FSCSX) Financial Services Profile
Fidelity Select Software & IT Services Portfolio (FSCSX) is a non-diversified fund focusing on software and IT services companies. With $6.78 billion in market capitalization, the fund invests in both domestic and foreign equities, employing fundamental analysis to identify opportunities within the rapidly evolving technology sector, while maintaining a beta of 1.23.
What Is the Investment Thesis for FSCSX?
Fidelity Select Software & IT Services Portfolio (FSCSX) presents an investment opportunity for those seeking focused exposure to the software and IT services sectors. The fund's non-diversified nature allows for concentrated investments in high-growth potential companies, potentially leading to significant capital appreciation. Key value drivers include the increasing demand for software solutions, the expansion of cloud computing, and the ongoing digital transformation across industries. The fund's fundamental analysis approach aims to identify companies with strong financials and competitive positioning. Upcoming catalysts include continued innovation in AI and machine learning, driving demand for related software and services. However, potential risks include market volatility, regulatory changes impacting the technology sector, and the fund's concentrated investment strategy, which could amplify losses if the software and IT services sectors underperform. With a beta of 1.23, FSCSX exhibits higher volatility compared to the broader market.
Based on FMP financials and quantitative analysis
FSCSX Key Highlights
Market capitalization of $6.78 billion indicates a substantial presence in the asset management sector.
- The fund invests at least 80% of its assets in software and IT services companies, demonstrating a focused investment strategy.
- FSCSX invests in both domestic and foreign issuers, providing exposure to global technology markets.
- The fund employs fundamental analysis, evaluating financial condition and industry position for investment selection.
- A beta of 1.23 suggests the fund is more volatile than the overall market, potentially offering higher returns but also greater risk.
Who Are FSCSX's Competitors?
FSCSX is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | MoonshotScore |
|---|---|---|---|---|
| BAWAX Brown Advisory Sustainable Growth Fd Adv Shs | $45.83 | -0.71% | $6.24B | — |
| BIAWX Brown Advisory Sustainable Growth Fd Inv Shs | $48.10 | -0.72% | $6.27B | — |
| DDVIX Macquarie Value Inst | $12.72 | -0.39% | $7.40B | — |
| DFAPX DFA Investment Grade I | $9.91 | -0.60% | $12.7B | — |
| DFEVX DFA Emerging Markets Value Portfolio | $45.82 | -1.12% | $15.3B | — |
| BX Blackstone Inc. | $129.75 | +3.46% | $157B | 705-pillar |
| IVSXF Investor AB (publ) | $42.20 | 0.00% | $129B | 599-signal |
| BAM Brookfield Asset Management | $47.24 | -1.01% | $75.4B | 575-pillar |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance This table mixes two scoring engines — compare a number only with others carrying the same tag.
What Are FSCSX's Key Strengths?
Focused investment strategy in the high-growth software and IT services sectors.
- Experienced management team with expertise in technology investments.
- Access to Fidelity's extensive research and resources.
- Potential for high returns due to non-diversified approach.
What Are FSCSX's Weaknesses?
Non-diversified nature increases risk compared to broader market funds.
- Performance highly dependent on the performance of the software and IT services sectors.
- Vulnerable to market volatility and economic downturns.
- May underperform during periods of sector rotation or market corrections.
What Could Drive FSCSX Stock Higher?
Continued innovation in AI and machine learning driving demand for related software and services.
- Digital transformation across industries creating opportunities for software and IT services companies.
- Increasing cybersecurity threats driving demand for cybersecurity software and IT services.
What Are the Key Risks for FSCSX?
Market volatility and economic downturns impacting technology stocks.
- Regulatory changes affecting the software and IT services sectors.
- Rapid technological changes and disruptions.
- The fund's concentrated investment strategy could amplify losses if the software and IT services sectors underperform.
What Are the Growth Opportunities for FSCSX?
- Continued Expansion of Cloud Computing: The ongoing migration of businesses to cloud-based solutions presents a significant growth opportunity for FSCSX. As companies increasingly adopt cloud services for storage, computing, and software applications, the demand for cloud-related software and IT services will continue to rise. The global cloud computing market is projected to reach $1 trillion by 2028, offering substantial growth potential for companies within the fund's portfolio. This trend is expected to continue over the next 3-5 years, driving revenue growth for cloud-focused companies.
- Advancements in Artificial Intelligence and Machine Learning: The rapid advancements in AI and machine learning technologies are creating new opportunities for software and IT services companies. As AI becomes more integrated into various industries, the demand for AI-powered software solutions and related services will increase. This growth is expected to accelerate over the next 2-3 years.
- Increasing Cybersecurity Threats: The growing number and sophistication of cybersecurity threats are driving demand for cybersecurity software and IT services. As businesses and individuals become more reliant on digital technologies, the need for robust cybersecurity solutions will continue to increase. This trend is expected to persist over the next 5 years.
- Digital Transformation Across Industries: The ongoing digital transformation across various industries is creating new opportunities for software and IT services companies. As businesses adopt digital technologies to improve efficiency, enhance customer experiences, and drive innovation, the demand for software solutions and IT services will continue to rise. This transformation is expected to continue over the next 5-10 years, driving revenue growth for companies within the fund's portfolio.
- Growth in the Internet of Things (IoT): The increasing adoption of IoT devices is generating vast amounts of data, creating opportunities for software and IT services companies to develop solutions for data analytics, management, and security. As the number of connected devices continues to grow, the demand for IoT-related software and services will increase. This growth is expected to accelerate over the next 3-5 years.
What Are FSCSX's Competitive Advantages?
- Expertise in software and IT services sectors through focused investment strategy.
- Established brand and reputation of Fidelity Investments.
- Access to proprietary research and analysis capabilities.
- Non-diversified approach allows for concentrated investments in high-growth potential companies.
What Does FSCSX Do?
Fidelity Select Software & IT Services Portfolio (FSCSX) is a specialized, non-diversified fund managed by Fidelity Investments. The fund's primary investment objective is to seek capital appreciation by investing in companies engaged in the software and information technology services sectors. Established to capitalize on the growth potential within these industries, FSCSX strategically allocates its assets to companies involved in the research, design, production, or distribution of software and information-based services. The fund invests at least 80% of its assets in these targeted sectors, demonstrating a focused approach to technology investments. FSCSX invests in both domestic and foreign issuers, allowing it to tap into global opportunities within the software and IT services landscape. The fund employs a fundamental analysis approach, evaluating factors such as an issuer's financial condition, industry position, and overall market and economic conditions to make informed investment decisions. This analytical rigor aims to identify companies with strong growth prospects and sustainable competitive advantages. As a non-diversified fund, FSCSX concentrates its investments, which can lead to higher potential returns but also carries increased risk compared to more diversified funds. The fund's performance is closely tied to the performance of the software and IT services sectors, making it a suitable option for investors seeking targeted exposure to these industries.
What Products and Services Does FSCSX Offer?
- Invests primarily in common stocks of software and IT services companies.
- Allocates at least 80% of its assets to companies in the software and IT services sectors.
- Invests in both domestic and foreign issuers to diversify geographically.
- Employs fundamental analysis to select investments based on financial condition and industry position.
- Focuses on companies involved in the research, design, production, or distribution of software and information-based services.
- Aims to achieve capital appreciation through strategic investments in the technology sector.
- Operates as a non-diversified fund, concentrating investments for potentially higher returns.
How Does FSCSX Make Money?
- Generates revenue through capital appreciation of its investments in software and IT services companies.
- Manages a portfolio of stocks selected through fundamental analysis.
- Focuses on non-diversified investments to maximize potential returns within the targeted sectors.
What Industry Does FSCSX Operate In?
Fidelity Select Software & IT Services Portfolio (FSCSX) operates within the asset management industry, specifically targeting the software and IT services sectors. These sectors are characterized by rapid innovation, increasing demand for digital solutions, and significant growth potential. The competitive landscape includes numerous specialized funds and broader technology-focused investment vehicles. The fund's success depends on its ability to identify and capitalize on emerging trends and disruptive technologies within the software and IT services markets.
Who Are FSCSX's Key Customers?
- Individual investors seeking exposure to the software and IT services sectors.
- Institutional investors looking for specialized technology investments.
- Retirement savers seeking capital appreciation through targeted sector funds.
Research confidence
Thin evidence — scoring coverage unknown. Treat this as a starting point, not a conclusion.
- ● Scoring coverage unknown
- ● Price is current
- ● No filing on record
- ● No analyst coverage
- ● This is a fund, not an operating company
FSCSX Financials
Bull Case vs Bear Case
Bull Case
- Focused investment strategy in the high-growth software and IT services sectors.
- Experienced management team with expertise in technology investments.
- Access to Fidelity's extensive research and resources.
- Potential for high returns due to non-diversified approach.
Bear Case
- Non-diversified nature increases risk compared to broader market funds.
- Performance highly dependent on the performance of the software and IT services sectors.
- Vulnerable to market volatility and economic downturns.
- May underperform during periods of sector rotation or market corrections.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
FSCSX Latest News
No recent news available for FSCSX.
FSCSX Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations collected by Financial Modeling Prep for FSCSX.
Price Targets
Wall Street price target analysis for FSCSX.
FSCSX MoonshotScore
MoonshotScore is Stock Expert AI's proprietary 0-100 research rating, not a buy or sell recommendation. No MoonshotScore is published for FSCSX; grades run from A+ (80-100) to F (below 30).
What Investors Ask About Fidelity Select Software & IT Services Portfolio (FSCSX) — Financial Services
Is FSCSX a good stock?
Stock Expert AI does not rate FSCSX buy, sell or hold. Fidelity Select Software & IT Services Portfolio has no MoonshotScore yet; read the financial checkup, analyst consensus and risks directly. Whether it fits is your call: check what it sells, whether it earns, what the price assumes, and what would prove you wrong.
What are the main risks for FSCSX?
The main risks for Fidelity Select Software & IT Services Portfolio (FSCSX) stem from its non-diversified nature and focus on the software and IT services sectors.
What are the key factors to evaluate for FSCSX?
Evaluate FSCSX on fundamentals, analyst consensus, and risk factors. With a beta of 1.23, FSCSX exhibits higher volatility compared to the broader market. Not financial advice.
How frequently does FSCSX data refresh on this page?
FSCSX's price was last updated on Sep 11, 2026 and refreshes on page view during U.S. market hours; the quote is a provider snapshot, not an exchange feed. Fundamentals update after quarterly filings; the MoonshotScore recalculates nightly; news aggregates continuously.
What has driven FSCSX's recent stock price performance?
Fidelity Select Software & IT Services Portfolio (FSCSX) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Focused investment strategy in the high-growth software and IT services sectors. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider FSCSX overvalued or undervalued right now?
Fidelity Select Software & IT Services Portfolio (FSCSX) has no trailing P/E available here, so lean on price-to-sales and cash flow in the Financials tab. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
Can I buy fractional shares of FSCSX?
Yes, most major brokerages offer fractional shares of Fidelity Select Software & IT Services Portfolio (FSCSX) with no minimum purchase requirement. This means you can invest any dollar amount regardless of the share price. Check your brokerage platform for specific terms, fees, and fractional share availability.
How can I track FSCSX's earnings and financial reports?
Fidelity Select Software & IT Services Portfolio (FSCSX) reports quarterly earnings approximately 4-6 weeks after each fiscal quarter ends. You can track earnings dates, revenue and EPS estimates, and actual results on this page's Financials tab. Earnings surprises (beats or misses) often cause significant short-term price moves. Your brokerage can send alerts for FSCSX earnings announcements.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- The information provided is based on available data and is intended for informational purposes only.
- Investment decisions should be based on individual risk tolerance and financial circumstances.
- Past performance is not indicative of future results.