Recent market analysis has found that the Fidelity stock prices are having sharp gains, and the financial management has also been improved. This shows that the last year was a great one in investing in this company.

According to the company’s declaration of its annual report it was stated that the revenue got a hike of 7 percent as compared with 2009 to $12.3 billion. They have also mentioned that the profits from the operation have increased to 17 percent and have reached $2.9 billion. This has happened because the company is using a well financial management policy for its spending.

“Double-digit stock market gains, an increase in our share of mutual fund distribution and brokerage, and continued watchful expense management enabled Fidelity to record strong operating results in 2010”, wrote Fidelity’s chief executive, Edward C. “Ned’’ Johnson 3d in his annual letter to shareholders.

This has been the first time since way back in 2007 that Fidelity’s revenue has touched so high.

Johnson said that the company has made a turnaround from the financial conditions which were prevailing for the past 2 years. The markets were not giving adequate returns for these two years and thus the profits were low.