{"id":216486,"date":"2026-02-23T05:13:00","date_gmt":"2026-02-23T10:13:00","guid":{"rendered":"https:\/\/news-you-need.com\/index.php\/2026\/02\/23\/fidelity-blue-chip-growth-still-rides-high-on-artificial-intelligence-beneficiaries\/"},"modified":"2026-02-23T05:40:11","modified_gmt":"2026-02-23T10:40:11","slug":"fidelity-blue-chip-growth-still-rides-high-on-artificial-intelligence-beneficiaries","status":"publish","type":"post","link":"https:\/\/news-you-need.com\/index.php\/2026\/02\/23\/fidelity-blue-chip-growth-still-rides-high-on-artificial-intelligence-beneficiaries\/","title":{"rendered":"Fidelity Blue Chip Growth Still Rides High on Artificial Intelligence Beneficiaries"},"content":{"rendered":"<p><a href=\"https:\/\/www.morningstar.com\/funds\/fidelity-blue-chip-growth-still-rides-high-artificial-intelligence-beneficiaries\">Fidelity Blue Chip Growth Still Rides High on Artificial Intelligence Beneficiaries<\/a><\/p>\n<p><a href=\"https:\/\/www.morningstar.com\/funds\/fidelity-blue-chip-growth-still-rides-high-artificial-intelligence-beneficiaries\">https:\/\/www.morningstar.com\/funds\/fidelity-blue-chip-growth-still-rides-high-artificial-intelligence-beneficiaries<\/a><\/p>\n<p>Publish Date: <a href=\"publish_date]\">2026-02-23 05:13:00<\/a><\/p>\n<p>Source Domain: <a href=\"www.morningstar.com\">www.morningstar.com<\/a><\/p>\n<h2 id=\"key-morningstar-metrics-for-fidelity-blue-chip-growth-fund\" class=\"mdc-heading__mdc mdc-heading--level-4__mdc mdc-heading--bold__mdc mdc-story-body__header__mdc mdc-story-body__block__mdc\">Key Morningstar Metrics for Fidelity Blue Chip Growth Fund<\/h2>\n<ul class=\"mdc-story-list__mdc mdc-story-list--unordered__mdc mdc-story-body__block__mdc\">\n<li>Morningstar Medalist Rating: Bronze<\/li>\n<li>Process Pillar: Above Average<\/li>\n<li>People Pillar: Above Average<\/li>\n<li>Parent Pillar: Above Average<\/li>\n<\/ul>\n<p class=\"mdc-story-body__paragraph__mdc mdc-story-body__paragraph--large__mdc mdc-story-body__block__mdc\">Fidelity Blue Chip Growth FBGRX stands tall on the strength of its bold bets and seasoned leadership. Yet, its reliance on a market enthused with artificial intelligence beneficiaries leaves it exposed if the mood shifts.<\/p>\n<p class=\"mdc-story-body__paragraph__mdc mdc-story-body__paragraph--large__mdc mdc-story-body__block__mdc\">A consistent overweighting in semiconductors has helped earn the fund one of the large-growth Morningstar Category\u2019s best results over the past decade. A $10,000 investment in its no-load share class on Feb. 1, 2016, would have increased to nearly $65,000 by Jan. 31, 2026, well above the roughly $55,000 in a fund tracking the Russell 1000 Growth Index (the category\u2019s benchmark). Few other funds managed to beat the index over that span. The portfolio\u2019s semiconductor stake, which is dominated by sizable overweightings in Nvidia NVDA and Marvell Technology MRVL, recently amounted to roughly 24% of assets\u2014more than the index\u2019s 22% and the average peer\u2019s 18%.<\/p>\n<p class=\"mdc-story-body__paragraph__mdc mdc-story-body__paragraph--large__mdc mdc-story-body__block__mdc\">Nvidia and Marvell are riskier than most. Although both enjoy sound balance sheets, a slip in spending on AI infrastructure could send their shares plummeting. Their businesses have historically been prone to boom-and-bust cycles that have rocked their share prices. Indeed, Marvell plunged by one-fifth in 2025 as the index climbed by around the same amount. And supply chain disruptions\u2014whether stemming from trade tensions, export controls, or geopolitical conflicts\u2014are other shared risks.<\/p>\n<p class=\"mdc-story-body__paragraph__mdc mdc-story-body__paragraph--large__mdc mdc-story-body__block__mdc\">But this fund has never been tame under manager Sonu Kalra. He builds a portfolio of 200-plus stocks that embraces companies with higher-than-average expected growth rates, at times paltry earnings relative to their share prices, and significant price fluctuations. These features position the fund to thrive when investors\u2019 risk appetites increase, but they also set the stage for its underperformance when markets stumble&#8230;<\/p>\n<p><a href=\"https:\/\/www.morningstar.com\/funds\/fidelity-blue-chip-growth-still-rides-high-artificial-intelligence-beneficiaries\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Fidelity Blue Chip Growth Still Rides High on Artificial Intelligence Beneficiaries https:\/\/www.morningstar.com\/funds\/fidelity-blue-chip-growth-still-rides-high-artificial-intelligence-beneficiaries Publish Date: 2026-02-23&#8230;<\/p>\n","protected":false},"author":1,"featured_media":216487,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/morningstar-morningstar-prod.web.arc-cdn.net\/resizer\/DEtOtS-doIL3Z09eEXA5KgOD3NE=\/2401x1351\/cloudfront-us-east-1.images.arcpublishing.com\/morningstar\/J5EUTLTRS5C6POYQSAPLO7HSIY.png","fifu_image_alt":"","footnotes":""},"categories":[14],"tags":[],"class_list":["post-216486","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-artificial-intelligence"],"_links":{"self":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/216486"}],"collection":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/comments?post=216486"}],"version-history":[{"count":1,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/216486\/revisions"}],"predecessor-version":[{"id":216488,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/216486\/revisions\/216488"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/media\/216487"}],"wp:attachment":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/media?parent=216486"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/categories?post=216486"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/tags?post=216486"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}