The most notable companies in this group are Apple (NASDAQ:AAPL), Microsoft Corp (NASDAQ:MSFT), Alphabet (NASDAQ:GOOGL), Alphabet (NASDAQ:GOOG), Unitedhealth Group (NASDAQ:UNH), Broadcom (NASDAQ:AVGO), JPMorgan Chase & Co (NASDAQ:JPM), KLA Corp (NASDAQ:KLAC).
The investment seeks current income and long-term capital appreciation.
The manager focuses on stocks of companies that the advisor believes demonstrate growth potential and on fixed-income securities, with emphasis on income-producing securities that appear to have potential for capital appreciation. It normally will invest at least 25% of its net assets in fixed-income securities and at least 25% of its net assets in equity securities. The fund also may invest up to 10% of its net assets in lower-rated securities, rated "B" (or the equivalent) or better by any one of those rating agencies.
The average market capitalization across the Alger Balanced I-2 MF is 1.12T. The market cap for tickers in the group ranges from 75.71B to 2.96T. AAPL holds the highest valuation in this group at 2.96T. The lowest valued company is KLAC at 75.71B.
The average weekly volume growth across all stocks in the Alger Balanced I-2 MF was -54%. For the same stocks of the MF, the average monthly volume growth was -56% and the average quarterly volume growth was -54%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 68
P/E Growth Rating: 36
Price Growth Rating: 29
SMR Rating: 19
Profit Risk Rating: 13
Seasonality Score: -8 (-100 ... +100)