ASIMX Alger Weatherbie Specialized Growth I Forecast, Technical & Fundamental Analysis

The investment seeks long-term capital appreciation. Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of smallcap and midcap companies. Equity securities include common or preferred stocks that are listed on U.S. or foreign exchanges. Smallcap or midcap companies are companies that, at the time of purchase, have total market capitalization within the range of companies included in the Russell 2500 Growth Index or the Russell Midcap Growth Index, respectively, as reported by the indexes as of the most recent quarter-end.

The average market capitalization across the Alger Weatherbie Specialized Growth I MF is 5.48B. The market cap for tickers in the group ranges from 729.1M to 15.61B. SMTC holds the highest valuation in this group at 15.61B. The lowest valued company is CDNL at 729.1M.

The average weekly volume growth across all stocks in the Alger Weatherbie Specialized Growth I MF was 29%. For the same stocks of the MF, the average monthly volume growth was -11% and the average quarterly volume growth was -32%