Global Penny Stocks To Watch With Market Caps Over US$200M
Global markets have experienced a turbulent week, with major stock indexes finishing lower amid Treasury market volatility and renewed tariff threats from the U.S. administration. In such uncertain times, investors often look for opportunities in smaller or newer companies that can offer growth potential despite broader market challenges. Penny stocks, though an outdated term, still represent an investment area where strong financial health can lead to significant returns. We've identified three penny stocks that combine balance sheet strength with potential for outsized gains, offering a chance to discover hidden value in quality companies.
Name
Share Price
Market Cap
Financial Health Rating
CNMC Goldmine Holdings (Catalist:5TP)
SGD0.43
SGD174.27M
★★★★★☆
Yangzijiang Shipbuilding (Holdings) (SGX:BS6)
SGD2.06
SGD8.11B
★★★★★☆
Angler Gaming (NGM:ANGL)
SEK3.69
SEK276.69M
★★★★★★
SKP Resources Bhd (KLSE:SKPRES)
MYR0.975
MYR1.52B
★★★★★☆
NEXG Berhad (KLSE:NEXG)
MYR0.365
MYR1.06B
★★★★★★
Synergy House Berhad (KLSE:SYNERGY)
MYR0.72
MYR360M
★★★★★★
Lever Style (SEHK:1346)
HK$1.14
HK$719.28M
★★★★★★
Foresight Group Holdings (LSE:FSG)
£3.74
£421.42M
★★★★★★
EZZ Life Science Holdings (ASX:EZZ)
A$1.54
A$71M
★★★★★★
Tasmea (ASX:TEA)
A$2.95
A$685.73M
★★★★★☆
Click here to see the full list of 5,656 stocks from our Global Penny Stocks screener.
Here we highlight a subset of our preferred stocks from the screener.
Simply Wall St Financial Health Rating: ★★★★☆☆
Overview: Atlas Consolidated Mining and Development Corporation, with a market cap of ₱14.23 billion, operates through its subsidiaries to explore and mine metallic mineral properties in the Philippines.
Operations: The company generates revenue of ₱16.74 billion from its operations in the Philippines.
Market Cap: ₱14.23B
Atlas Consolidated Mining and Development Corporation, with a market cap of ₱14.23 billion, has shown financial resilience despite recent challenges. The company reported a net loss of ₱403.55 million for Q1 2025, reversing from a profit the previous year, yet maintains satisfactory debt levels with a net debt to equity ratio of 31.5%. Its short-term assets exceed short-term liabilities by ₱1.3 billion but fall short on long-term liabilities coverage. Recent amendments to its Articles of Incorporation to include leasing activities aim to diversify revenue streams amidst operational losses and insider selling over the past quarter highlights potential internal concerns.
Take a closer look at Atlas Consolidated Mining and Development's potential here in our financial health report.
Evaluate Atlas Consolidated Mining and Development's historical performance by accessing our past performance report.
Simply Wall St Financial Health Rating: ★★★★☆☆
Overview: Modern Innovative Digital Technology Company Limited operates in trading, money lending and factoring, finance leasing, and financial services in China and Hong Kong with a market cap of approximately HK$1.87 billion.
Operations: The company's revenue is primarily derived from trading (HK$60.02 million), followed by money lending and factoring (HK$16.18 million), finance leasing (HK$10.57 million), and financial services (HK$5.82 million).
Market Cap: HK$1.87B
Modern Innovative Digital Technology Company Limited, with a market cap of HK$1.87 billion, is currently unprofitable and has seen increasing losses over the past five years. Despite this, it maintains strong liquidity with short-term assets of HK$598.5 million surpassing both short- and long-term liabilities. The company is debt-free, having reduced its debt to equity ratio from 3.4% five years ago to zero today. However, the management team and board are relatively inexperienced with average tenures under one year, which could impact strategic direction amidst recent delisting from OTC Equity due to inactivity as of March 2025.
Click to explore a detailed breakdown of our findings in Modern Innovative Digital Technology's financial health report.
Gain insights into Modern Innovative Digital Technology's historical outcomes by reviewing our past performance report.
Simply Wall St Financial Health Rating: ★★★★☆☆
Overview: Pengxin International Mining Co., Ltd operates in the non-ferrous metal industry globally and has a market cap of CN¥9.67 billion.
Operations: Revenue Segments: No Revenue Segments Reported
Market Cap: CN¥9.67B
Pengxin International Mining Co., Ltd, with a market cap of CN¥9.67 billion, operates in the non-ferrous metal industry and remains unprofitable despite a reduction in net loss from CN¥107.86 million to CN¥96.77 million over the past year. The company has strong liquidity, with short-term assets of CN¥3.2 billion exceeding both its short- and long-term liabilities. While its debt to equity ratio improved from 20.2% to 10.2% over five years, negative operating cash flow suggests challenges in covering debt obligations effectively despite having more cash than total debt on hand.
Jump into the full analysis health report here for a deeper understanding of Pengxin International MiningLtd.
Explore historical data to track Pengxin International MiningLtd's performance over time in our past results report.
Click this link to deep-dive into the 5,656 companies within our Global Penny Stocks screener.
Contemplating Other Strategies? Trump's oil boom is here — pipelines are primed to profit. Discover the 22 US stocks riding the wave.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Companies discussed in this article include PSE:AT SEHK:2322 and SHSE:600490.
This article was originally published by Simply Wall St.
Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@simplywallst.com
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Associated Press
25 minutes ago
- Associated Press
The Generation Essentials Group and Black Spade II Secure Shareholder Approval for NYSE-Listed Business Combination
PARIS & NEW YORK & SINGAPORE--(BUSINESS WIRE)--Jun 2, 2025-- The Generation Essentials Group ('TGE') and Black Spade Acquisition II Co (NASDAQ: BSII) ('Black Spade II') announced that their previously proposed business combination (the 'Business Combination') was approved at an extraordinary general meeting of Black Spade II's shareholders on May 30, 2025. The Business Combination is expected to close on June 3, 2025. Upon closing, TGE will become the publicly traded entity, with its Class A ordinary shares and warrants to be listed under the ticker symbols 'TGE' and 'TGEWS', respectively, on the New York Stock Exchange and NYSE American. About The Generation Essentials Group (formerly known as World Media and Entertainment Universal Inc.) The Generation Essentials Group, jointly established by AMTD Group, AMTD IDEA Group (NYSE: AMTD; SGX: HKB) and AMTD Digital Inc. (NYSE: HKD), is headquartered in France and focuses on global strategies and developments in multi-media, entertainment, and cultural affairs worldwide as well as hospitality and VIP services. TGE comprises L'Officiel, The Art Newspaper, movie and entertainment projects. Collectively, TGE is a diversified portfolio of media and entertainment businesses, and a global portfolio of premium properties. About Black Spade Acquisition II Co Black Spade Acquisition II Co ('Black Spade II') is a blank check company incorporated for the purpose of effecting a business combination (Special Purpose Acquisition Company or SPAC). Listed on the Nasdaq, Black Spade II was founded by Black Spade Capital, which runs a global portfolio consisting of a wide spectrum of cross-border investments, and consistently seeks to add new investment projects and opportunities to its portfolio. Black Spade II is Black Spade Capital's second SPAC. Black Spade Capital's first SPAC completed its business combination with VinFast Auto Ltd., a Vietnamese electric vehicle company, in August 2023. At the time, it was the third largest ever de-SPAC by deal value (based on Dealogic data available through April 2024). About AMTD Group AMTD Group is a conglomerate with a core business portfolio spanning across media and entertainment, education and training, and premium assets and hospitality sectors. About AMTD IDEA Group AMTD IDEA Group (NYSE: AMTD; SGX: HKB) represents a diversified institution and digital solutions group connecting companies and investors with global markets. Its comprehensive one-stop business services plus digital solutions platform addresses different clients' diverse and inter-connected business needs and digital requirements across all phases of their life cycles. AMTD IDEA Group is uniquely positioned as an active super connector between clients, business partners, investee companies, and investors, connecting the East and the West. For more information, please visit or follow us on X (formerly known as 'Twitter') at @AMTDGroup. About AMTD Digital Inc. AMTD Digital Inc. (NYSE: HKD) is a comprehensive digital solutions platform headquartered in France. Its one-stop digital solutions platform operates key business lines including digital media, content and marketing services, investments as well as hospitality and VIP services. For AMTD Digital's announcements, please visit Safe Harbor Statement This press release contains statements that may constitute 'forward-looking' statements pursuant to the 'safe harbor' provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as 'will,' 'expects,' 'anticipates,' 'aims,' 'future,' 'intends,' 'plans,' 'believes,' 'estimates,' 'likely to,' and similar statements. Statements that are not historical facts, including statements about the beliefs, plans, and expectations of AMTD IDEA Group and/or AMTD Digital, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding these and other risks is included in the filings of AMTD IDEA Group and/or AMTD Digital with the SEC. All information provided in this press release is as of the date of this press release, and neither AMTD IDEA Group nor AMTD Digital undertakes any obligation to update any forward-looking statement, except as required under applicable law. View source version on CONTACT: For AMTD IDEA Group: IR Office AMTD IDEA Group EMAIL:[email protected] For AMTD Digital Inc.: IR Office AMTD Digital Inc. EMAIL:[email protected] KEYWORD: NEW YORK UNITED STATES FRANCE SINGAPORE SOUTHEAST ASIA NORTH AMERICA ASIA PACIFIC EUROPE INDUSTRY KEYWORD: COMMUNICATIONS MEDIA GENERAL ENTERTAINMENT ENTERTAINMENT DIGITAL MARKETING SOURCE: AMTD Digital Inc. Copyright Business Wire 2025. PUB: 06/02/2025 10:13 AM/DISC: 06/02/2025 10:12 AM
Forbes
2 hours ago
- Forbes
Ellen Hodakova Larsson Relives Journey From Swedish School Of Textiles
PARIS, FRANCE - MARCH 06: Fashion designer Ellen Hodakova walks the runway during the Hodakova Ready to Wear Fall/Winter 2025-2026 fashion show as part of the Paris Fashion Week on March 6, 2025 in Paris, France. (Photo by Victor VIRGILE/Gamma-Rapho via Getty Images) Gamma-Rapho via Getty Images In April of 2025, on the 23rd, The Swedish School of Textiles [SST] unveiled their rendition of the United Nations tour guide uniforms, designed with Swedish shirt maker Eton, a design collaboration between SST and the UN, designed by a handful of graduation students. The uniforms were presented in New York at the UN headquarters, marking a national achievement for the country of Sweden and its design acumen as a whole, representing fashion through functionality, sustainability, and fashion innovation, producing the next generation of design talent. A redesigned uniform for the United Nations tour guides at its New York Headquarters, created by students from the Swedish School of Textiles at the University of Borås. agaton strom More recently, on May 27, 2025, the Swedish School of Textiles, located in the city of Borås presented its Textile & Fashion Future celebration and forum, which included honoring the Bachelor's in Fine Arts and Master's in Fine Arts programs for graduating students. The EXIT25 runway show, named by former alum for their departure from studies to application in the real world. Featuring 17 student collections who showcased the Textile design and Fashion design program output, students' sartorial perspectives, exploring themes of identity, memories, and imperfection were defined by each graduate's design and culture of aesthetics. Zuzana Vrabelova; The project speculates on garments as beings or organisms - structures that emerge independently of the human body, yet engage with it. Using experimental knitting techniques and unusual materials like paper yarn, the pieces take on organic, animal-like, or botanical forms. The focus is on the material life of the garment itself and the intuitive, evolving process of making. Some works reference historical clothing, but these references become distorted and blurred through the act of creation. Courtesy of Swedish School of Textiles The collections featured BFA and MFA students, including Zuzana Vrabel 'Ova, Andrea Rehbein, Yuting Xia, Matilda Olofsson, Gabriela Arias Egana, My Willaume, Jonas Gustavsson, Frida Elise Henriksen, Susanna Soujanen, Margot Leverrier, Wictor Ljunggren, Siri Bratt, Lan Krebs, Anîas Dahl Perret, Josephine Jarlhem, Charlie Malmsten, and Pawel Robuta. Supported by Swedish entrepreneur and investor Paul Frankenius and his epitomes Foundation Stipendium, the phenomenal designs and creations revealed on the runway, students were awarded for their innovative approaches to fashion design. Andrea Rehbein; The Project proposes garments as an intimate field in which to explore the liminal boundaries connecting subjects, bodies, and space. Abstract, sculptural forms emerge from engraved cut leather, generating unexpected shapes beyond the designer ́s control. These volumes are traced and transplanted into archetypical garments through experimental pattern drafting techniques. The sensitivity of pattern drafting —where even minor changes reshape the whole— leads to ongoing iterations that alter both the garment and its relationship to the body. The focus is on the process of making: from deadstock materials to an abstract anatomy in a continuous state of becoming. Courtesy of Swedish School of Textiles The University of Fashion & Textiles award ceremony honored five graduate students from the Swedish School of Textiles. Recipient winners were Jonas Gustavsson, Zuzana Vrabelov, Kristian Falden, Ida Romme, and Wictor Ljunggren, recognized for their creativity and innovation. Each student inherently aims to fill the fashion gamut with their design perspective, finding circular process, defying textile material bounds, and aspires to have their unique voice reverb throughout the industry representing the Swedish design aura and legacy. PARIS, FRANCE - MARCH 21: Ellen Hodakova Larsson poses with her work during 'Liminal Objects' Preview at Maison du Danemark on March 21, 2024 in Paris, France. (Photo by Foc Kan/WireImage) WireImage From being a student herself, to visionary designer crafting circular processes for designing avant-garde collections, the Swedish School of Textiles alum, Ellen Hodakova Larsson, recent LVMH Prize 2023 winner, revisited her design journey in conversation with editor Albam Adam, during the Textile & Fashion Future forum. Returning to her alma mater SST, she provided an in-real-life example of how each student can impact fashion through this institution's radical approach to fashion education. Gabriela Arias Egaña; This collection is an attempt of comprehension and idealization: How can diasporic identities from conflicting cultural origins be manifested in contemporary contexts to stay relevant. Courtesy of Swedish School of Textiles 'You never mention sustainability in interviews?' Adams asked during the public conversation with the Hodakova founder and creative director. 'It's not just a buzzword,' Larsson laments. 'It has to be at the core of a brand. Embrace it as a practice, making it the new normal that shapes every conversation and action.' Wictor Ljunggren; Cinched In-Functional Silhouettes; This degree project investigates transformable garments using cord systems, drawing inspiration from the functional design of hiking garments and elastic cords with stoppers. Aiming to revalue cord systems by proposing adjustable garments that can shift in silhouette and functionality, in alignment with the kinaesthetic structure of the human body. Courtesy of Swedish School of Textiles Larsson's rise to the fashion echelons has been meteoric in that she has defined a novel silhouette in fashion through unconventional means. Deconstructed, upcycled, architecturally crafted garments have put her on the path to sartorial royalty while grounding her talent in meaningful, intentional, conscious design. MY WILLAUME, BA FASHION; Assemblage: Pistacia A series of peeled layers This project positions itself as a quiet form of activism in creating 'something out of nothing', challenging the accelerating pace of the fashion industry by advocating for slowness, material intimacy, and the value of making by hand. The exploration phase insists on the relevance of tactile processes by applying the philosophies of –knowing through making– and using time as a design component. Courtesy of Swedish School of Textiles Conversing with Alban Adam in the studios where she first learned to dissect garments, Hodakova reminisced, "I started textiles in 2016, and it was the best time. It gave me the force to believe in my visions. Before that, I studied sculpture, but I was more interested in sculpting on the body than in abstract forms." Matilda Olofsson; This project focuses on the construction of bridalwear and challenges traditional silhouettes. Instead of centring design around the torso, it explores how volume and cuts can be distributed across the body to create new expressions. Through research into historical and contemporary bridalwear, common cuts and forms are identified and reinterpreted through experimental construction techniques. The result is a collection of five bridal garments that redefine the silhouette by shifting volume and altering garment architecture. While retaining recognisable bridal elements such as white tones, the designs offer a forward-thinking approach that balances innovation with tradition. Courtesy of Swedish School of Textiles Her education became the foundation for her signature approach. Hodakova and Larsson blend conceptual thinking and hands-on craftsmanship, attracting the likes of celebrity style influencers like Kylie Jenner and Cate Blanchett. She recalls, "I learned to dissect garments - understanding their construction, from maximalist shapes to the tiniest details. That combination of technical skill and artistic vision shaped my work." HOLLYWOOD, CALIFORNIA - AUGUST 06: Cate Blanchett attends the "Borderlands" Los Angeles Fan Event at TCL Chinese Theatre on August 06, 2024 in Hollywood, California. (Photo byfor Lionsgate) Getty Images for Lionsgate Larsson's unconventional path was recounted in her description of her post-graduation hustle. Partaking in the random styling gigs, set design work, and the pivotal DIY video that landed on Vogue Runway, these efforts spawned her blossoming era. "That video ended up on Vogue Runway and sparked a lot of interest. The belt bag was a turning point—a product between art and fashion that led to meeting investors." Lan Krebs; JERSEY DIVERSITY; reinventing application of single jersey material Jersey is often perceived as a simple, plain fabric, functional and modest in its appearance. This work challenges that assumption by transforming jersey into a dynamic material language. Using machine-made tubular knits, I explored the potential of layering, wrapping and sculpting fabric directly on the body without imposing rigid definitions of what a garment should be. Courtesy of Swedish School of Textiles 'The belt bag crystallized the brand. It was a clear product between art and fashion, and it helped me meet investors,' she notes. She described working with men's wardrobe to the delight of the SST graduating class presenting their EXIT25 collections. She mentioned, "I was deep-diving into the men's wardrobe because those pieces had more material to play with. Dissecting and reshaping them became the foundation." Susanna Suojanen; TRANSLATING WARDROBES; Exploring dimension altering sewing techniques in upcycling post-consumer garments. Translating Wardrobes is a study of transformation, of how worn garments can be reshaped into something entirely new. Through draping and sewing techniques that shift structure and silhouette, the collection explores how clothing can move beyond its original form and meaning. At its core lies a fascination with the dialogue between form and texture, and how their encounter can dissolve the familiarity of a garment and invite a reimagined identity to emerge. Courtesy of Swedish School of Textiles Winning the LVMH Prize in 2023 has launched Hodakova into the global spotlight with designs that remain defiant and unique. As luxury brands operate to mass produce, Larsson embraces scarcity and slow fashion creation. "We can't just push a button and make a thousand pieces,' Larsson said. 'Our garments take time—they carry a history, a soul. That's what makes them valuable." JONAS GUSTAVSSON; MFA FASHION DESIGN; ASTRAL PROJECT; Addressing alternative perspective on gender, knitting and dress This collection explores gender beyond binary limits, reimagining identity through knitwear as both material and metaphor. Drawing inspiration from Charles Fourier's vision of a third gender—and its echoes in global spiritual traditions—the work challenges traditional constructs by centering the abstract body and the being within. Courtesy of Swedish School of Textiles The Hodakova process goes from sourcing deadstock fabrics, vintage garments, and discarded materials, to transforming materials into high-fashion statement pieces. "I'm not capitalizing on 'sustainability',' she remarks. 'It's just how I work. Recontextualizing materials change their value from nothing to something extraordinary." Paweł Robuta - Master in Fashion Design 2025; Liquid Relics; Staining as a form to explore body relations in fashion design Liquid Relics is a collection of nine experimental draped silhouettes exploring the concept of the stain. Stains, often seen as marks of guilt or imperfection, are reimagined here as symbols of presence, intimacy, and transformation. Bodily fluids, typically the source of stains, can elevate garments to artifacts - like the Shroud of Turin - imbued with reverence. In this project, destruction is seen as creation; stains become a beginning, not an end. Courtesy of Swedish School of Textiles Without diluting her vision for marketability, she flips the idea of sustainability's inability to market itself to mass markets, Hodakova is setting a new trend. She divulges, "There's always an easier path, but I choose the hard one because it gives purpose. The industry needs change, and I believe in doing things differently." Anaïs Dahl Perret; Morphogenesis in Motion; Shaping Transformable Fashion through Modularity, Circularity, and Connection This project reimagines garments as living systems. Inspired by cellular behavior, the collection uses knit and laser-cut techniques to create modular, transformable garments adaptable to individual needs and tastes. Each textile module, connected via drawstrings, enables users to personalize, reshape, and disassemble the pieces, fostering emotional durability and supporting circular design. Courtesy of Swedish School of Textiles "The demand has grown, but we won't scale artificially. Our pieces are about time, thought, and reinvention. Not endless growth." Currently employing a small, yet, dedicated team, Hodakova teeters between creativity and business, calling her method "controlled chaos." Wictor Ljunggren's design details. Courtesy of Swedish School of Textiles She concluded, "Building something from scratch means understanding every part; the mistakes, flexibility, and knowing when to scale. It's about staying true to the vision." While Hodkova explores material experimentation, inspiring the SST students to do similarly in the blurring of art and fashion boundaries, Larsson left a lasting note for novel design, and the fashion-hungry listeners, "Luxury isn't about logos. It's about what you do with the materials, and the stories they carry." Hodkova is one of many designers who have traversed the walls of The Swedish School of Textiles and has shown what limits can be reached, in efforts to create further bounds for creativity and impactful, circular design.
Forbes
2 hours ago
- Forbes
5 Fidelity Stock Funds For Your 401(k)
Fidelity is the largest 401(k) provider in the U.S. The asset manager oversees $1.4 trillion in 401(k) assets for more than 24 million retirement savers. That means if your employer offers a Fidelity 401(k), you're in good company. Your 401(k) investing strategy may involve a mix of stock and bond positions—hopefully according to a strategic asset allocation plan. If you don't have allocation targets, see some easy advice here. Once you set your 401(k) strategy, the next step is choosing which funds will fulfill that strategy. The five funds introduced below can step into your 401(k) portfolio as core stock holdings. Core stock holdings for a 401(k) should be broad-based in scope and low-cost. Usually, their goal is to capture market-level returns without excessive risk or fees. These screening parameters were used to identify Fidelity funds meeting those qualifications: Beta is a measure of volatility relative to the overall market. A beta of 1 or less indicates the fund is no more volatile than the market, as measured by an index like the S&P 500. The S&P 500 is a group of large, successful companies that represents about 80% of U.S. stocks in terms of market value. The following five Fidelity funds have broad market exposure and low expense ratios. A closer review of each fund follows. These funds have overlapping portfolios, so plan on choosing just one to function as your core 401(k) stock position. If you don't have access to them in your Fidelity 401(k), try swapping in something similar—such as any low-fee S&P 500 fund. You could also ask your fund administrator to include one or two of these low-priced stock funds on your investment menu. FSPGX by the numbers: FSPGX tracks the Russell 1000 Growth index, which includes U.S. companies worth more than $10 billion that are positioned to deliver strong capital gains. The index selection factors include: The fund's portfolio is heavily weighted towards technology companies at 46%. Consumer discretionary companies and communication stocks comprise 15% and 13%, respectively. FSPGX is appropriate for younger and risk-tolerant investors who are prepared to keep this fund for the long term. In shorter periods, growth portfolios can be volatile, which increases the risk of loss. FNILX by the numbers: Fidelity Zero Large Cap Index Fund invests in roughly 500 large-cap domestic companies and offers an unbeatable expense ratio of 0.00%. The fund's portfolio is similar to the S&P 500, so it delivers market-level returns with no dilution from expenses. FNILX offers more distributed industry exposure, with technology accounting for 30% of the portfolio. Financial and health care are also well represented, at 15% and 11%, respectively. FNILX is a good pick for S&P 500 investors who'd rather skip the fees. Fees are always a consideration when investing, but they can be particularly problematic within 401(k)s. Depending on your employer and the size of the 401(k), you might have hefty account fees on top of fund-related fees. Also, investors using FNILX as a core holding should have a timeline of five to 10 years or more. Those with less time can still invest in this fund but should hold it in smaller quantities. Bond funds and cash should take priority for short investing horizons. FXAIX by the numbers: FXAIX is a traditional S&P 500 index fund. The portfolio is similar to the zero-fee fund above, but with slightly different weightings. Apple, Microsoft and Nvidia are the top three holdings and each are weighted between 5.6% and 6.75%. This fund has a Morningstar rating of five stars, meaning it performs in the top 10% among its peer group. That's an accomplishment because there are more than 1,200 funds in Morningstar's "large blend" category. Lipper reports that FXAIX is a top-five performer in S&P 500 index funds for the one-, five- and 10-year periods. A low-cost S&P 500 index fund like FXAIX is a solid choice for many 401(k) savers. Historically, the S&P 500 has produced average annual returns near 7% after inflation. That beats cash and outpaces many low-risk debt securities, even when interest rates are high. The caveat is that the index won't increase 7% every year. In some years, the return could be 20% or more. In other years, the return can be negative. The trick is to stay invested since these ups and downs average out to growth over time. FSKAX by the numbers: Fidelity Total Market Index fund tracks the aggregate returns of the Dow Jones U.S. Total Stock Market Index. The index includes all U.S. exchange-traded companies, regardless of size. In other words, FSKAX provides exposure to smaller companies alongside the big ones. The index and fund are market-cap weighted so that larger businesses have greater influence over the group. But small and mid-cap stocks are still present and provide nice diversification. FSKAX is suitable for investors who want the broadest coverage of U.S. equities or slightly lower concentrations in big tech stocks like Apple, Microsoft and Nvidia. FNCMX by the numbers: FNCMX replicates the returns of the Nasdaq Composite Index, which includes more than 3,000 stocks listed on the Nasdaq exchange. The index is heavily concentration in technology. The fund uses sampling to reproduce index returns, rather than investing in every index constituent. Even so, FNCMX's portfolio includes more than 2,600 positions. The two top holdings, Apple and Microsoft, represent 11% and 10% of the portfolio, respectively. Technology has driven much of the stock market's growth in recent years, with Nasdaq-listed companies leading the charge. Investors who believe the trend will continue should enjoy owning FNCMX. Historically, the fund's returns are similar to other funds on this list, but that could change if technology continues to reshape the way business is done. As with any growth-oriented equity fund, FNCMX is best held in a quantity that reflects your risk tolerance and timeline. These five Fidelity stock funds offer long-term growth potential to build your 401(k) retirement savings. You can hold any one of them alongside smaller positions in money market and bond funds for a simple portfolio that builds wealth over time.
