MFOHome About Commentary Discussions Funds The Best Resources Support Us!

Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

Sign In Register

Categories

Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.

    Support MFO

  • Donate through PayPal

Is Parnassus Mid-Cap Fund (PARMX) a Strong Mutual Fund Pick Right Now?

johnNjohnN
edited January 2020 in The Bullpen
https://www.yahoo.com/finance/news/parnassus-mid-cap-fund-parmx-131301988.html


Is Parnassus Mid-Cap Fund (PARMX) a Strong Mutual Fund Pick Right Now?


If investors are looking at the Mid Cap Growth fund category, Parnassus Mid-Cap Fund (PARMX) could be a potential option. PARMX carries a Zacks Mutual Fund Rank of 1 (Strong Buy), which is based on nine forecasting factors like size, cost, and past performance.

Objective

Zacks categorizes PARMX as Mid Cap Growth, a segment packed with options. Mid Cap Growth mutual funds aim to target companies with a market capitalization between $2 billion and $10 billion that are also expected to exhibit more extensive growth opportunities for investors than their peers. A firm is typically considered to be a growth stock if it consistently posts impressive sales and/or earnings growth.





anyone have this funds?
any recommendations or replacements? thankyou
Sign In or Register to comment.