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Stock impact report

Fidelity Select Consumer Discretionary Portfolio Q3 2025 Commentary [Seeking Alpha]

Somnigroup International Inc. (SGI) 
Company Research Source: Seeking Alpha
Consumer discretionary stocks gained 9.58% in Q3 2025, according to the MSCI U.S. IMI Consumer Discretionary 25/50 Index, finishing ahead of the 8.12% advance of the S&P 500 index despite softening consumer sentiment and spending. Stock selection in the apparel, accessories & luxury goods industry contributed most to the fund's performance versus the MSCI sector index in Q3, along with an underweight in restaurants and positioning in home furnishings. iQoncept/iStock via Getty Images Investment Approach Fidelity® Select Consumer Discretionary Portfolio is a sector-based, equity-focused strategy that seeks to outperform its benchmark through active management. We believe that the market is inherently inefficient and often too short-term-focused, which affords opportunities This article was written by Quick Insights FSCPX returned 10.09% versus the MSCI U.S. IMI Consumer Discretionary 25/50 Index's 9.58%, driven by strong stock selection in apparel, accessories, luxury Show less Read more
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