Notable companies
The most notable companies in this group are NVIDIA Corp (NASDAQ:NVDA), Microsoft Corp (NASDAQ:MSFT), Apple (NASDAQ:AAPL), Amazon.com (NASDAQ:AMZN), Alphabet (NASDAQ:GOOG), Meta Platforms (NASDAQ:META), VISA (NYSE:V), Netflix (NASDAQ:NFLX), Advanced Micro Devices (NASDAQ:AMD).
Industry description
The investment seeks long-term capital appreciation.
The advisor focuses on growing companies that generally have broad product lines, markets, financial resources and depth of management. It normally invests at least 80% of its net assets in equity securities of 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 Russell 1000 Growth Index, updated quarterly as reported as of the most recent quarter-end. This index is designed to track the performance of large-capitalization growth stocks.
Market Cap
The average market capitalization across the Alger Large Cap Growth I-2 MF is 1.64T. The market cap for tickers in the group ranges from 127.46B to 3.89T. NVDA holds the highest valuation in this group at 3.89T. The lowest valued company is MELI at 127.46B.
Volume
The average weekly volume growth across all stocks in the Alger Large Cap Growth I-2 MF was -37%. For the same stocks of the MF, the average monthly volume growth was -33% and the average quarterly volume growth was -29%
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: 68
Price Growth Rating: 31
SMR Rating: 29
Profit Risk Rating: 26
Seasonality Score: 18 (-100 ... +100)