Notable companies
The most notable companies in this group are NVIDIA Corp (NASDAQ:NVDA), Microsoft Corp (NASDAQ:MSFT), Apple (NASDAQ:AAPL), Amazon.com (NASDAQ:AMZN), Alphabet (NASDAQ:GOOG), Meta Platforms (NASDAQ:META), VISA (NYSE:V), Marvell Technology (NASDAQ:MRVL).
Industry description
The investment seeks long-term capital appreciation.
The fund invests at least 85% of its net assets, plus any borrowings for investment purposes, in equity securities of companies of any market capitalization that the Manager believes demonstrate promising growth potential. The fund may invest a significant portion of its assets in securities of companies conducting business within a single sector, as defined by third party sources, including the information technology, health care, and communication services sectors.
Market Cap
The average market capitalization across the Alger Capital Appreciation A MF is 1.54T. The market cap for tickers in the group ranges from 11.04B to 3.3T. NVDA holds the highest valuation in this group at 3.3T. The lowest valued company is NTRA at 11.04B.
Volume
The average weekly volume growth across all stocks in the Alger Capital Appreciation A MF was 98%. For the same stocks of the MF, the average monthly volume growth was 96% and the average quarterly volume growth was -30%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 77
P/E Growth Rating: 63
Price Growth Rating: 32
SMR Rating: 37
Profit Risk Rating: 17
Seasonality Score: -11 (-100 ... +100)