Notable companies
The most notable companies in this group are Microsoft Corp (NASDAQ:MSFT), Apple (NASDAQ:AAPL), Amazon.com (NASDAQ:AMZN), Alphabet (NASDAQ:GOOG), Alphabet (NASDAQ:GOOGL), Broadcom Inc. (NASDAQ:AVGO), JPMorgan Chase & Co (NYSE:JPM), Unitedhealth Group (NYSE:UNH), Home Depot (NYSE:HD), KLA Corp (NASDAQ:KLAC).
Industry description
The investment seeks to provide capital appreciation and current income.
The advisor intends 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. The advisor focuses on growing companies that, at the time of purchase of the securities, have a market capitalization equal to or greater than the market capitalization of companies included in the S&P 500 Index, as reported by the index as of the most recent quarter-end.
Market Cap
The average market capitalization across the Alger Growth & Income A MF is 1.39T. The market cap for tickers in the group ranges from 96.13B to 3.15T. MSFT holds the highest valuation in this group at 3.15T. The lowest valued company is KLAC at 96.13B.
Volume
The average weekly volume growth across all stocks in the Alger Growth & Income A MF was -7%. For the same stocks of the MF, the average monthly volume growth was 30% and the average quarterly volume growth was -11%
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: 44
Price Growth Rating: 45
SMR Rating: 32
Profit Risk Rating: 13
Seasonality Score: -39 (-100 ... +100)