PARWX Parnassus Value Equity Investor Forecast, Technical & Fundamental Analysis

The most notable companies in this group are Oracle Corp (NYSE:ORCL), Bank of America Corp (NYSE:BAC), Verizon Communications (NYSE:VZ), Micron Technology (NASDAQ:MU), Intel Corp (NASDAQ:INTC).

The investment seeks capital appreciation. The fund’s objective is to achieve capital appreciation by investing primarily in a diversified portfolio of equity securities. Equity securities include common and preferred stock. These companies must, in the adviser's opinion, be undervalued, but they must also have good prospects for long-term capital appreciation over the course of the expected holding period.

The average market capitalization across the Parnassus Value Equity Investor MF is 182.11B. The market cap for tickers in the group ranges from 14.33B to 635.16B. ORCL holds the highest valuation in this group at 635.16B. The lowest valued company is BALL at 14.33B.

The average weekly volume growth across all stocks in the Parnassus Value Equity Investor MF was -52%. For the same stocks of the MF, the average monthly volume growth was -4% and the average quarterly volume growth was -41%