PFPWX Parnassus Value Equity Institutional Forecast, Technical & Fundamental Analysis

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

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 208.59B. The market cap for tickers in the group ranges from 16.55B to 472.08B. MU holds the highest valuation in this group at 472.08B. The lowest valued company is BALL at 16.55B.

The average weekly volume growth across all stocks in the Parnassus Value Equity Institutional MF was 31%. For the same stocks of the MF, the average monthly volume growth was 51% and the average quarterly volume growth was 52%