Notable companies
The most notable companies in this group are NVIDIA Corp (NASDAQ:NVDA), Microsoft Corp (NASDAQ:MSFT), Amazon.com (NASDAQ:AMZN), Alphabet (NASDAQ:GOOGL), Netflix (NASDAQ:NFLX), Advanced Micro Devices (NASDAQ:AMD), Uber Technologies (NYSE:UBER), Spotify Technology SA (NYSE:SPOT), Diamondback Energy (NASDAQ:FANG).
Industry description
The investment seeks long-term capital appreciation.
Under normal circumstances, the fund invests in a 35-stock portfolio of equity securities of companies of any market capitalization that the manager believes are undergoing Positive Dynamic Change. Equity securities include common or preferred stocks, or securities convertible into or exchangeable for equity securities, including warrants and rights. The fund may invest in companies whose securities are traded on domestic or foreign exchanges. It is non-diversified.
Market Cap
The average market capitalization across the Alger 35 Z MF is 1.2T. The market cap for tickers in the group ranges from 35.57B to 3.6T. NVDA holds the highest valuation in this group at 3.6T. The lowest valued company is FANG at 35.57B.
Volume
The average weekly volume growth across all stocks in the Alger 35 Z MF was 22%. For the same stocks of the MF, the average monthly volume growth was 24% 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: 76
P/E Growth Rating: 70
Price Growth Rating: 37
SMR Rating: 38
Profit Risk Rating: 24
Seasonality Score: 56 (-100 ... +100)