Notable companies
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).
Industry description
The investment seeks long-term capital appreciation.
The fund normally 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.
Market Cap
The average market capitalization across the Alger Capital Appreciation Instl I MF is 1.94T. The market cap for tickers in the group ranges from 75.49B to 5.45T. NVDA holds the highest valuation in this group at 5.45T. The lowest valued company is NBIS at 75.49B.
Volume
The average weekly volume growth across all stocks in the Alger Capital Appreciation Instl I MF was -14%. For the same stocks of the MF, the average monthly volume growth was -35% and the average quarterly volume growth was -63%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 66
P/E Growth Rating: 64
Price Growth Rating: 42
SMR Rating: 33
Profit Risk Rating: 34
Seasonality Score: -26 (-100 ... +100)