Notable companies
The most notable companies in this group are Shake Shack (NYSE:SHAK).
Industry description
The investment seeks long-term capital appreciation.
The advisor focuses on small, fast-growing companies that the manager believes offer innovative products, services or technologies to a rapidly expanding marketplace. Under normal circumstances, the Portfolio invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities. It may invest a significant portion of its assets in securities of companies conducting business within a single sector, including the information technology and healthcare sectors.
Market Cap
The average market capitalization across the Alger Small Cap Growth I-2 MF is 15.2B. The market cap for tickers in the group ranges from 4.73B to 37.17B. VEEV holds the highest valuation in this group at 37.17B. The lowest valued company is MGY at 4.73B.
Volume
The average weekly volume growth across all stocks in the Alger Small Cap Growth I-2 MF was 127%. For the same stocks of the MF, the average monthly volume growth was 187% and the average quarterly volume growth was 45%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 74
P/E Growth Rating: 54
Price Growth Rating: 50
SMR Rating: 60
Profit Risk Rating: 34
Seasonality Score: -4 (-100 ... +100)