ACAZX Alger Capital Appreciation Z Forecast, Technical & Fundamental Analysis

The most notable companies in this group are NVIDIA Corp (NASDAQ:NVDA), Apple (NASDAQ:AAPL), Alphabet (NASDAQ:GOOG), Amazon.com (NASDAQ:AMZN), Taiwan Semiconductor Manufacturing Company Ltd (NYSE:TSM), Broadcom Inc. (NASDAQ:AVGO), Meta Platforms (NASDAQ:META), Western Digital Corp (NASDAQ:WDC), Nebius Group N.V. (NASDAQ:NBIS).

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.

The average market capitalization across the Alger Capital Appreciation Z MF is 1.91T. The market cap for tickers in the group ranges from 59.57B to 5.2T. NVDA holds the highest valuation in this group at 5.2T. The lowest valued company is NBIS at 59.57B.

The average weekly volume growth across all stocks in the Alger Capital Appreciation Z MF was 11%. For the same stocks of the MF, the average monthly volume growth was -8% and the average quarterly volume growth was -59%