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Any undervalued sector mutual funds?

Posted on 3/13/14 at 11:10 am
Posted by Jake88
Member since Apr 2005
68043 posts
Posted on 3/13/14 at 11:10 am
I have an account with fidelity and have a few sector mutual funds like biotech and multimedia which have done well. With most sector based funds and S&P index funds seeming to be at or near all time highs, are there sectors that have lagged but are poised to make their move soon or are unjustly undervalued?
Thanks.
This post was edited on 3/13/14 at 11:12 am
Posted by SouthOfSouth
Baton Rouge
Member since Jun 2008
43456 posts
Posted on 3/13/14 at 11:20 am to
you know if anyone tells you something is unjustly undervalued they are just guessing. It's like asking if LSU will win thier basketball game tonight.
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10229 posts
Posted on 3/13/14 at 11:22 am to
I think certain miners are currently undervalued based on futures contracts. I also think uranium is undervalued for a long term play. I'm in both sectors right now currently. Long term, and some short term paper trades. Both have proven to be profitable recently.
Posted by foshizzle
Washington DC metro
Member since Mar 2008
40599 posts
Posted on 3/13/14 at 11:22 am to
quote:

you know if anyone tells you something is unjustly undervalued they are just guessing.


This.
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10229 posts
Posted on 3/13/14 at 11:27 am to
quote:

you know if anyone tells you something is unjustly undervalued they are just guessing.


I don't necessarily agree with this 100% There are etf's that trade below their true NAV every day of the week. To me this is undervalued. That's not to say they will increase pps to reach true NPV or NAV, but they are clearly undervalued as you're buying something at a discount to it's true value by one measure.
Posted by Jake88
Member since Apr 2005
68043 posts
Posted on 3/13/14 at 11:29 am to
So what fidelity mutual fund would capture that sector?

I recognize that these suggestions are not guaranteed. Just looking to hear about areas for me to research further.
Posted by SouthOfSouth
Baton Rouge
Member since Jun 2008
43456 posts
Posted on 3/13/14 at 11:33 am to
quote:

I recognize that these suggestions are not guaranteed. Just looking to hear about areas for me to research further.


Good. That makes this fine. But I would take anyones suggestions for what they are (suggestions) and do your own thorough research.
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10229 posts
Posted on 3/13/14 at 11:33 am to
I don't know anything about Fidelity. URA would capture the uranium miners if you want a fund or etf. Individual stocks give the greatest opportunity.
Posted by matthew25
Member since Jun 2012
9425 posts
Posted on 3/14/14 at 12:32 am to
I'm heavy in healthcare, financial and consumer staples. Light in tech, energy, utilities and consumer discretionary.

Report out yesterday from Wall Street financial types that if regulations were eased a bit, the sector will double.

Besides we only have 2 industries in Mississippi - banking and hospitals. And the Wal-Marts.
Posted by ragacamps
Member since Jan 2011
2997 posts
Posted on 7/20/14 at 5:16 pm to
Fidelity also has their new sector etfs
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