Notable companies
The most notable companies in this group are Apple (NASDAQ:AAPL), Alphabet (NASDAQ:GOOGL), Alphabet (NASDAQ:GOOG), Microsoft Corp (NASDAQ:MSFT), Amazon.com (NASDAQ:AMZN), Broadcom Inc. (NASDAQ:AVGO), JPMorgan Chase & Co (NYSE:JPM), Unitedhealth Group (NYSE:UNH), Home Depot (NYSE:HD), KLA Corporation (NASDAQ:KLAC).
Industry description
The investment seeks to provide capital appreciation and current income.
The fund invests primarily in equity securities such as common or preferred stocks which the advisor believes offer opportunities for capital appreciation and which also pay dividends. It is a fundamental policy of the fund to invest at least 65% of its total assets in dividend paying equity securities. The fund may invest up to 35% of its total assets in equity securities that do not pay dividends or in money market instruments and repurchase agreements.
Market Cap
The average market capitalization across the Alger Growth & Income I-2 MF is 2.34T. The market cap for tickers in the group ranges from 238.81B to 4.54T. AAPL holds the highest valuation in this group at 4.54T. The lowest valued company is KLAC at 238.81B.
Volume
The average weekly volume growth across all stocks in the Alger Growth & Income I-2 MF was 109%. For the same stocks of the MF, the average monthly volume growth was 61% and the average quarterly volume growth was -23%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 58
P/E Growth Rating: 55
Price Growth Rating: 39
SMR Rating: 24
Profit Risk Rating: 36
Seasonality Score: -37 (-100 ... +100)