
* EPS growth over the last 12 months for energy was -230% EBITDA Growth for energy over the same period was 272%. EBITDA = earnings before interest, taxes, depreciation, and amortization. Past performance is no guarantee of future results. Financials and consumer staples also posted relatively poor fundamentals. Utilities was the worst-performing sector, coming in eighth in earnings-per-share growth and ninth in EBITDA growth. Technology and communications services also scored well. Materials again led the fundamentals rankings, coming in second in earnings per share and EBITDA growth. įundamentals: Materials, tech, and communication services led Source: Haver Analytics, FactSet, Fidelity Investments, as of. It is not possible to invest directly in an index. See Glossary and Methodology for details. The top 3 sectors based on each time horizon view metric are shaded green the bottom 3 are shaded red. Time horizon view factors are based on historical analysis and are not a qualitative assessment by any individual investment professional. Sector weights may vary depending on an individual’s risk tolerance and goals. Overweight and underweight views represent opportunistic tilts in a hypothetical portfolio relative to broad market sector weights.
#Zip share price forecast 2022 update
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Strategist view is as of the date indicated based on the information available at that time, and may change based on market or other conditions. Historical communication services data has been restated back to 1962 to account for changes to the GICS framework made on 9/24/18. Sectors defined by the GICS see Index Definitions for details. Strategist view, fundamentals, valuations, and relative strength are based on the top 3,000 US stocks by market capitalization. Meanwhile, weak fundamentals and relatively high valuations constrain the outlook for utilities. High valuations may challenge the backdrop for consumer discretionary however, some contrarian indicators appear increasingly more constructive for the sector. Relative strength and a solid combination of valuations and fundamentals make the energy sector look appealing, while cheap valuations support the outlook for health care. Scorecard: Constructive outlooks for energy and health care Source: Haver Analytics, Morningstar, FactSet, Fidelity Investments, as of. Percentages may not total 100% due to rounding. The top 3 performing sectors over each period are shaded green the bottom 3 are shaded red. Changes were made to the GICS framework on 9/24/18 historical S&P 500 communication services sector data prior to 9/24/18 reflect the legacy telecommunication services sector. Performance metrics reflect S&P 500® sector indexes.

Sectors defined by the Global Industry Classification Standard (GICS®) see Index Definitions for details.
