Andy Obermueller
Government-Driven Investing
Keith Fitz-Gerald
New China Trader
Marvin Appel
Systems & Forecasts
Jim Powell
Global Changes & Opportunities Report

Fidelity expert's fund favorites


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 "It's a mixed bag," says Jim Lowell, who sees signs of inflation and recession. In Fidelity Investor, he is adding stakes in Strategic Real Return (FSRRX) and Mega Cap Stock (FGRTX).

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"In such a confused sea state, staying on course becomes as difficult as charting the course. Behind the curtains and on center stage, bailouts from the Fed and the Treasury may not only be too late to stave off recession, they may already be contributing to the other side of the current rate cut coin; inflation.

"The economic data is now making a compelling case for what the mood of the consumers and investors have been suggesting: recession is here at hand. At the same time, inflationary pressures are persisting and building in the headline prices of food and energy.

"In the bond markets, safe havens are hard to find in any shape or form. But, in the stock markets, bargains are beginning to crop up.

"The risks we see in the current landscape are myriad and all impose a cloud of uncertainty which continues to cast a pall over investors in the domestic and international markets.
 
"To account for the betwixt and between state of the economy and markets, we have added two funds to our portfolios -- Fidelity Strategic Real Return and Fidelity Mega Cap Stock.

"Mega Cap Stock (formerly known as Fidelity Growth & Income II) is managed by veteran stock picker Rick Mace and is, as it name implies, focused on mega cap multinationals; current and, I think, future beneficiaries of the global economy.

"Strategic Real Return, found in our Income Portfolio, is a composite of inflation protected bonds, floating-rate loans, commodity-linked notes, and REITs and as such helps us further diversify our income mix and better adjust to the volatile equity markets that lie ahead of us."




News Flash

Geron (GERN)
Steve Christ, The Wealth Advisory

In a recent 15-page ruling, a U.S. judge ruled that using taxpayer dollars to fund embryonic stem cell research violates a 1996 law; but in the case of Geron Corp. (GERN), the company won’t be affected at all.


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Industrial trio: BWA, TEN, DXPE
Stephen Quickel, US Investment Report

Among our new stock are three industrials that expected to grow earnings by 30% a year: Borg Warner (BWA), Tenneco (TEN) and DXP Enterprises (DXPE).


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Bullion Monarch Mining (BULM)
Max Bowser, The Bowser Report

Bullion Monarch Mining (BULM) -- a holding in our "penny stock" portfolio -- recorded its best revenue year ever.


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Global X Lithium ETF (LIT)
Jim Trippon, ETF Profit Report

It’s rare that we would recommend an ETF that is as new as Global X Lithium (LIT), but with the market taking a tumble, we believe we’re getting good value on this newly-minted vehicle.


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Consumer Staples (XLP)
by Doug Fabian, Making Money Alert

The Consumer Staples Select Sector SPDR (XLP) is an ETF that tracks companies that have products that people need in both good and bad economic times.


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WisdomTree SmallCap Dividend (DES)
by Walter Frank, MoneyLetter

WisdomTree SmallCap Dividend (DES), which sports an attractive 4.3% yield, has been added to our fund coverage.


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Closed-end income favorites
by Harry Domash, Dividend Detective

The latest new positions in our closed-end fund portfolio are Guggenheim Emerging Opportunity (GOF) and First Trust/Aberdeen Emerging Opportunity (FEO).


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Quality trio: XOM, GOOG, JNJ
by Adam Sharp, contributing editor Wealth Daily

Buying defensive blue chips makes sense. Three of my favorites are ExxonMobil (XOM), Johnson and Johnson (JNJ) and Google (GOOG).


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Xcel Energy (XEL)
by Roger Conrad, The Utility Forecaster

In late 2002 Xcel Energy (XEL) was on the brink of Chapter 11; it has since come back, recently earning a credit upgrade from S&P to A- with an "excellent" risk profile.


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Virginia Mines (VGQ)
by Adrian Day, The Global Analyst

Virginia Mines (VGQ) remains one of a handful of my favorite companies; the company continues ongoing rationalization of its extensive mining property portfolio.


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