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Parnassus Value Equity Fund Sold Cisco Systems (CSCO) for More Attractive Opportunity [Yahoo! Finance]
Last cisco systems, inc. earnings: 2/12 04:05 pm
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US:NASDAQ Investor Relations: investor.cisco.com/investor-relations/overview/default.aspx
A copy of the letter can be downloaded here . In the second quarter, the Fund (Investor Shares) returned -3.81% (net of fees) underperforming the Russell 1000 Value Index's -2.17% return. Stock selection in the Health Care sector drove most of the portfolio's underperformance. The firm believes the Fund is well positioned for future returns with AI-related investments in Information Technology complemented by holdings that should benefit from improved performance across other sectors. If investor uncertainty increases, it anticipates finding more bargain opportunities. In addition, please check the fund's top five holdings to know its best picks in 2024. Parnassus Value Equity Fund highlighted stocks like Cisco Systems, Inc. (NASDAQ: CSCO ) in the second quarter 2024 investor letter. Cisco Systems, Inc. (NASDAQ:CSCO) manufactures and supplies Internet Protocol-based networking and other products related to the communications and information technology industry. The one-month return
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CSCO
SEC Filings
SEC Filings
- 9/23/24 - Form 4
- 9/23/24 - Form 4
- 9/23/24 - Form 4
- CSCO's page on the SEC website
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