07.21.26 - Why Emerging Markets stocks are so strong right now

2026 has been the year of emerging markets, with the asset class among one of the strongest-performing areas of the market so far. But is this resurgence just a short-term rally, or could it signal the start of a longer-term opportunity? On this episode of Market Sense, a Fidelity portfolio manager explains the forces driving emerging markets higher, from the critical role Asian semiconductors are playing in the AI buildout to innovation trends happening in China. We also discuss the key opportunities, risks, and diversification benefits investors should consider when evaluating emerging markets in their portfolio. If you want more insights from our Fidelity portfolio managers regarding potential investing opportunities and risks, bookmark this page for the latest articles and videos. Read the full transcript View the slides Watch the video replay