Fidelity Contrafund (FCNTX) Stock Price, News & Analysis

Company Overview

Fidelity Contrafund (NASDAQ: FCNTX) is a large-cap growth mutual fund managed by Fidelity Management & Research Company LLC (FMR). Established in 1967, Contrafund seeks capital appreciation by investing primarily in common stocks of U.S. companies that the portfolio management team believes are undervalued and poised for above-average growth. The fund’s bottom-up research process emphasizes fundamental analysis, aiming to identify enterprises with strong competitive positions, robust earnings potential, and favorable long-term prospects.

The fund’s investment strategy centers on constructing a diversified portfolio of 40 to 60 equity holdings. While the majority of assets are allocated to established domestic firms, Contrafund may opportunistically invest in mid-cap and international companies when managers identify compelling growth or value attributes. Sector weightings typically reflect market opportunities, with a focus on technology, consumer discretionary, healthcare, and industrials, though allocations may shift in response to evolving economic trends.

William Danoff has served as lead portfolio manager of Fidelity Contrafund since 1990, overseeing the fund through multiple market cycles. Under his stewardship, the fund has garnered attention for its consistent adherence to a long-term, research-driven approach. Contrafund benefits from Fidelity’s extensive global research platform, which includes industry specialists, economists, and quantitative analysts sharing insights to inform security selection and risk management.

Available to both individual and institutional investors, Fidelity Contrafund is offered through retirement plans, brokerage accounts, and institutional platforms. The fund’s shares provide an accessible vehicle for investors seeking a professionally managed growth-oriented equity portfolio. While the primary focus remains on U.S. equities, ongoing research capabilities enable the management team to adapt to shifting market dynamics and identify attractive opportunities across global markets.

Key Stats

• Today's Range: $24.13 to $24.13
• 50-Day Range: $22.38 to $24.29
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FCNTX Stock Analysis - Frequently Asked Questions

How have FCNTX shares performed this year?

Fidelity Contrafund's stock was trading at $21.37 at the beginning of the year. Since then, FCNTX shares have increased by 12.9% and is now trading at $24.13.

How do I buy shares of Fidelity Contrafund?

Shares of FCNTX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
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• Current Symbol: NASDAQ:FCNTX
• Previous Symbol: :
• CIK: 24238
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Profitability

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Debt

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Sales & Book Value

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Miscellaneous

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