Notable companies
The most notable companies in this group are NVIDIA Corp (NASDAQ:NVDA), Apple (NASDAQ:AAPL), Alphabet (NASDAQ:GOOGL), Alphabet (NASDAQ:GOOG), Microsoft Corp (NASDAQ:MSFT), Amazon.com (NASDAQ:AMZN), VISA (NYSE:V), Lam Research Corp (NASDAQ:LRCX), Adobe (NASDAQ:ADBE).
Industry description
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 companies of any size with an environmental, social and governance (“ESG”) rating of average or above by a third-party ESG rating agency (an “ESG Rating Agency”) that also demonstrate, in the view of the Manager, promising growth potential. Equity securities include common or preferred stocks that are listed on U.S. or foreign exchanges.
Market Cap
The average market capitalization across the Alger Responsible Investing A MF is 2.56T. The market cap for tickers in the group ranges from 88.5B to 4.91T. NVDA holds the highest valuation in this group at 4.91T. The lowest valued company is ADBE at 88.5B.
Volume
The average weekly volume growth across all stocks in the Alger Responsible Investing A MF was -15%. For the same stocks of the MF, the average monthly volume growth was -50% and the average quarterly volume growth was -40%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 72
P/E Growth Rating: 48
Price Growth Rating: 41
SMR Rating: 21
Profit Risk Rating: 31
Seasonality Score: -8 (-100 ... +100)