Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Fund Feeds on Clunkers

|Includes:BWA, Ford Motor Company (F), JCI, PAG, TEN

Like a phoenix rising from the ashes, the United States car industry has bounced back spectacularly from earlier this year when the sector was at the verge of becoming nothing more than a memory. Currently, the industry's stellar performance has sent Fidelity Select Automotive (MUTF:FSAVX) up more than 100% year to date for the period ending Aug. 10. With continued assistance from a number of government stimulus efforts, it is likely… READ MORE

Also, be sure to check out my video on the company that is driving FSAVX, Fidelity’s top performing fund for 2009.

Stocks: F, BWA, JCI, PAG, TEN