Notable companies
The most notable companies in this group are NVIDIA Corp (NASDAQ:NVDA), Alphabet (NASDAQ:GOOGL), Microsoft Corp (NASDAQ:MSFT), Amazon.com (NASDAQ:AMZN), Advanced Micro Devices (NASDAQ:AMD), Spotify Technology SA (NYSE:SPOT).
Industry description
The investment seeks long-term capital appreciation.
The fund invests in a portfolio of U.S. and foreign equity securities (common stocks, preferred stocks and convertible securities). In addition to purchasing securities (i.e., taking long positions), the Manager will identify securities that the advisor believes will underperform on an absolute or relative basis and will sell these securities short on behalf of the fund.
Market Cap
The average market capitalization across the Alger Dynamic Opportunities Z MF is 1.71T. The market cap for tickers in the group ranges from 2.05B to 5.43T. NVDA holds the highest valuation in this group at 5.43T. The lowest valued company is PGNY at 2.05B.
Volume
The average weekly volume growth across all stocks in the Alger Dynamic Opportunities Z MF was 4%. For the same stocks of the MF, the average monthly volume growth was 23% and the average quarterly volume growth was 18%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 67
P/E Growth Rating: 61
Price Growth Rating: 42
SMR Rating: 41
Profit Risk Rating: 47
Seasonality Score: 28 (-100 ... +100)