Notable companies
The most notable companies in this group are Lam Research Corp (NASDAQ:LRCX), KLA Corporation (NASDAQ:KLAC), NXP Semiconductors NV (NASDAQ:NXPI).
Industry description
The investment seeks capital appreciation.
The fund normally invests at least 80% of its net assets in mid-sized companies. The fund's managers consider a mid-sized company to be one that has a market capitalization between that of the smallest and largest constituents of the Russell Midcap® Index measured at the time of purchase. The Russell Midcap® Index includes approximately 800 of the smallest companies in the Russell 1000® Index. The fund may normally invest up to 20% of its net assets in smaller- and larger-capitalization companies.
Market Cap
The average market capitalization across the Parnassus Mid-Cap MF is 72.04B. The market cap for tickers in the group ranges from 21.41B to 392.91B. LRCX holds the highest valuation in this group at 392.91B. The lowest valued company is CMS at 21.41B.
Volume
The average weekly volume growth across all stocks in the Parnassus Mid-Cap MF was 19%. For the same stocks of the MF, the average monthly volume growth was -11% and the average quarterly volume growth was -33%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 61
P/E Growth Rating: 55
Price Growth Rating: 48
SMR Rating: 45
Profit Risk Rating: 57
Seasonality Score: -46 (-100 ... +100)