PFPGX Parnassus Growth Equity Institutional Forecast, Technical & Fundamental Analysis

The most notable companies in this group are NVIDIA Corp (NASDAQ:NVDA), Apple (NASDAQ:AAPL), Alphabet (NASDAQ:GOOGL), Microsoft Corp (NASDAQ:MSFT), Broadcom Inc. (NASDAQ:AVGO), Meta Platforms (NASDAQ:META), Eli Lilly & Co (NYSE:LLY), Advanced Micro Devices (NASDAQ:AMD), VISA (NYSE:V).

The investment seeks capital appreciation. The fund normally invests at least 80% of its net assets (plus borrowings for investment purposes) in equity securities of large‑sized growth companies. Equity securities include common stocks, depositary receipts, and interests in real estate investment trusts. The fund may normally invest up to 20% of its net assets in small- and mid‑ capitalization companies.

The average market capitalization across the Parnassus Growth Equity Institutional MF is 2.04T. The market cap for tickers in the group ranges from 254.84B to 5.2T. NVDA holds the highest valuation in this group at 5.2T. The lowest valued company is GEV at 254.84B.

The average weekly volume growth across all stocks in the Parnassus Growth Equity Institutional MF was 11%. For the same stocks of the MF, the average monthly volume growth was -17% and the average quarterly volume growth was -65%