A Good Time to Invest in US Blue-Chips

US-based Fidelity fund manager, Sonu Kalra, says it's a good time to be investing in blue-chips such as Apple

Christopher Davis 12 October, 2012 | 6:00AM
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Christopher Davis: Hello, I'm Christopher Davis, a senior mutual fund analyst with Morningstar. I'm here today with Sonu Kalra. He is the manager of the $15.7 billion Fidelity Blue Chip Growth fund. He took over in 2009 and has fared quite well so far at the helm. I'm here today to ask him a few questions.

Sonu, you obviously, as the name of your fund implies, cover blue-chip stocks. Especially, over the past year a lot of blue-chip stocks have seen big runups, especially if they pay dividends, as investors have sought income, safety, stability. What does your playing field look like now? Are opportunities relatively scarce?

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Rating
Apple Inc165.30 USD0.00Rating
Tesla Inc1,144.76 USD0.00Rating

About Author

Christopher Davis  is a senior fund analyst with Morningstar.