Fidelity Growth Strategies Fund’s Q3 2024 Investor Letter

Fidelity Investments, an investment management company, recently released its “Fidelity Growth Strategies Fund” third quarter 2024 investor letter.  Fidelity Growth Strategies Fund is a diversified domestic equity strategy with a focus on mid-cap growth. The fund's Retail Class shares gained 6.28% in the third quarter, modestly underperforming the 6.54% return of the benchmark Russell Midcap® Growth Index. Throughout the three months, the U.S. Federal Reserve's long-awaited shift to lowering interest rates, the promise of artificial intelligence, and robust corporate profits boosted...