PFPWX Parnassus Value Equity Institutional 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 Institutional MF is 184.57B. The market cap for tickers in the group ranges from 13.86B to 653.9B. ORCL holds the highest valuation in this group at 653.9B. The lowest valued company is BALL at 13.86B.

The average weekly volume growth across all stocks in the Parnassus Value Equity Institutional MF was 5%. For the same stocks of the MF, the average monthly volume growth was 4% and the average quarterly volume growth was -28%