Fidelity Large Cap Stock Fund Q2 2025 Commentary

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Jul. 26, 2025 10:35 PM ETFidelity Large Cap Stock Fund (FLCSX), FCLKXFLCSX, FCLKX, GEV, GE, UNH, AAPL, BA, BRK.B, SHEL, NFLX, ORCL, WFC, AMZN, TSLA, JPM, MSFT, NVDA, META, AVGO, GEV:CA, BA.PR.A, RYDAF, AVGO:CA, TSLA:CA, AMZN:CA, UNH:CA, AAPL:CA, WFC.PR.A, WFC.PR.C, WFC.PR.D, WFC.PR.L, WFC.PR.Y, WFC.PR.Z, WFCNP, WFCS:CA, JPM.PR.C, JPM.PR.D, JPM.PR.J, JPM.PR.K, JPM.PR.L, JPM.PR.M, JPM:CA, GE:CA, META:CA, BRK:CA, MSFT:CA, BRK.A, NFLX:CA, BA:CA, NVDA:CA, ORAC:CAFidelity Investments780 FollowersSummaryThe Fidelity Large Cap Stock Fund outperformed the S&P 500 in Q2, driven by strong stock selection, especially in industrials like GE Vernova and GE Aerospace.Our investment approach focuses on companies with attractive earnings and dividend potential, exploiting market mispricings through disciplined, long-term analysis.We maintain overweights in industrials, energy, and financials, favoring companies with strong balance sheets and operational discipline amid market volatility.Despite some detractors like Exxon Mobil and UnitedHealth, we see recovery potential and continue to adjust positions based on valuation and fundamentals.Olena_Ttext{Performance ReviewFor the quarter, the fund gained 15.21%, handily outpacing the 10.94% advance of the benchmark, the S&P 500 (SP500), (SPX) index. Large-cap stocks ended June at an all-time high after erasing a brief butThis article was written byFidelity Investments780 FollowersFidelity’s mission is to strengthen the financial well-being of our customers and deliver better outcomes for the clients and businesses it serves. With assets under administration of $12.6 trillion, including discretionary assets of $4.9 trillion as of December 31, 2023, Fidelity focuses on meeting the unique needs of a broad and growing customer base. Privately held for 77 years, Fidelity employs more than 74,000 associates with its headquarters in Boston and a global presence spanning nine countries across North America, Europe, Asia and Australia. Note: This account is not managed or monitored by Fidelity, and any messages sent via Seeking Alpha will not receive a response. For inquiries or communication, please use Fidelity's official channels.CommentsRecommended For You