The most notable companies in this group are Apple (NASDAQ:AAPL), Microsoft Corp (NASDAQ:MSFT), Alphabet (NASDAQ:GOOG), Amazon.com (NASDAQ:AMZN), NVIDIA Corp (NASDAQ:NVDA), Meta Platforms (NASDAQ:META), VISA (NYSE:V), Adobe (NASDAQ:ADBE), Marvell Technology (NASDAQ:MRVL).
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 consumer discretionary sectors.
The average market capitalization across the Alger Capital Appreciation A MF is 647.93B. The market cap for tickers in the group ranges from 48.34B to 2.95T. AAPL holds the highest valuation in this group at 2.95T. The lowest valued company is MRVL at 48.34B.
The average weekly volume growth across all stocks in the Alger Capital Appreciation A MF was -10%. For the same stocks of the MF, the average monthly volume growth was -26% and the average quarterly volume growth was -47%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 73
P/E Growth Rating: 42
Price Growth Rating: 24
SMR Rating: 44
Profit Risk Rating: 30
Seasonality Score: -17 (-100 ... +100)