Sector Rotation: New 52-Week High for the Fidelity Select Medical Equipment and Systems Fund

Fidelity Select Medical Equipment and Systems Fund (FSMEX, last change: 0.82%)

In spite of worries about the potential move by the Fed to slow down its QE program, several sectors show renewed momentum. For example, the Fidelity Select Medical Equipment and Systems Fund (FSMEX, last change: 0.82%) has made a new 52-week high today and shows no sign of slowing down.

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