Parnassus Investments
Parnassus Core Equity Fund
US
Dec 2024 → Mar 2025
Our archive holds 2 letters from this strategy, behind 2 investment theses and positions in 2 companies. Every quote below is copied verbatim from the letter it came from.
2 letters in 2 years — follow all of Parnassus Investments for every strategy.
Its investment theses
- Ferguson plcDec 2024Ferguson is well-positioned for long-term growth due to its efficient operations, extensive distribution networks, and the advantages of scale in a consolidating industry.
- KLADec 2024KLA is well-positioned for long-term growth due to high switching costs, strong demand for advanced semiconductors, and effective management, despite recent stock price concerns related to weaker demand in China.