No Harmony at Fidelity over Technology

Fund managers at the bellwether company were never this discordant, with some slashing their tech stakes and others piling them on

The stock holdings of Fidelity Investments, the nation's largest mutual-fund company, are closely watched by some Wall Street pros as a guide to where to invest. But Fidelity's guidance on tech stocks is becoming a jumble of divergent views. Fund managers are all over the map on tech stocks, with some taking sharply different approaches. "I haven't seen this much disagreement among Fidelity managers in years," says James Lowell, editor of the Fidelity Investor newsletter.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.