Comfort Systems, Vertiv, Quanta, AppLovin, and DoorDash drive strong Q1 2026 fund performance

In Q1 2026, Comfort Systems USA showed strong backlog and revenue visibility due to modular offsite solutions. Vertiv Holdings accelerated growth and gained market share in cooling. Quanta Services benefited from record backlog amid AI infrastructure demand. AppLovin maintained solid fundamentals with clear purchase conversion visibility despite AI concerns. DoorDash expanded globally and into new retail categories while investing in delivery technology. These companies contributed significantly to the Allspring Growth Fund's positive performance.