TCW Concentrated Large Cap Growth Fund Q3 2026 Winners, Laggards, Buys & Sells

Impact · against what's priced in

The reported growth metrics for CrowdStrike and ServiceNow are strong but largely align with the growth trajectories the market has already priced in. ASML's solid July results are similarly reflected in a price that already accepts management's raised guidance.

NOW+0.00

Already priced in

The price assumes

Subscription revenue growing near 21-24% annually

Subscription revenue growth of 24.5% YoY to $3.9 billion falls directly within the 21-24% range the price already pays for.