Alger Capital Appreciation Fund, managed by Patrick Kelly, CFA, and Dr. Ankur Crawford, earned a Morningstar Analyst Bronze Rating.
Alger Spectra Fund, managed by Patrick Kelly, CFA, and Dr. Ankur Crawford, earned a Morningstar Analyst Bronze Rating.
In a recent interview, Amy Zhang, CFA, shared three stock picks that had helped drive her fund’s outperformance as well as what mattered most when deciding which companies to invest in.
In this short article, Portfolio Managers Matt Weatherbie, George Dai, and Josh Bennett provide a look inside the Weatherbie investment process and discuss how a stock gets added to The Weatherbie 50.
Excessive optimism and unforeseen circumstances can derail forecasts regarding various scenarios, such as the time required to complete specific projects. In this paper, we explain how incorporating an outside view can help address those shortcomings when making forecasts and potentially lead to better investment decisions.
Amy Zhang, CFA, portfolio manager of the Alger Small Cap Focus strategy, discusses tailwinds for small cap stocks, her investment criteria, and her views on volatility with The Wall Street Journal.
Portfolio Manager Amy Zhang, CFA, spoke with The New York Times about how her fund is differentiated from its benchmark and its peers in this profile article.
Earnings and GDP growth are unlikely to reach new heights this cycle, but does that mean the expansion is ending? We don't believe so. Read our latest edition of Capital Markets to find out why.
The current U.S. expansion cycle is over nine years old and if it persists past the second quarter of 2019, it will be the longest on record. Will this expansion be record breaking? We think so. Director of Market Strategy Brad Neuman reviews key elements from Alger's The Longest Expansion presentation.
While debt levels around the world are quite high, debt service is generally manageable and U.S. debt service for the consumer and business sectors is considerably lower than it has been in the peaks prior to the past two recessions.
In this edition of Capital Markets: Observations and Insights, we review likely rising interest rates and the possible broader implications for asset classes, sectors, and securities.
In this edition of Capital Markets: Observations and Insights, we outline why we believe increasing corporate investment should help drive a resurgence in productivity growth in the U.S.
Emerging market equities outperformed in December but their valuations continue to look attractive relative to developed markets.
"Disruptors are very exciting, and that usually means whatever was there didn't work very well. You're happy that they're being disrupted, and that there's something new coming that works." Alger Health Sciences Portfolio Manager Teresa McRoberts explains what factors have been driving health care sector outperformance.
The evolution of the internet illustrates why the digital revolution is disrupting legacy business models and creating exciting growth opportunities for innovative companies. In this blog, Alger CEO Dan Chung discusses why Internet 3.0 may be the most transformative cycle of the digital revolution since the birth of the internet.
Federal Reserve policy, declining Treasury yields and moderating concerns about U.S.-China trade drive emerging markets outperformance.
eSports are drawing huge spectator crowds as professional gamers compete for muliti-million dollar prize pools. At the same time, the rapidly growing eSports industry is creating potentially attractive investment opportunities.
The trend of small companies disrupting business practices with innovation extends across industries. This blog post focuses on how smaller companies are succeeding by introducing innovation for human resource functions and financial operations.
Rising interest rates in the U.S. and global trade uncertainties contributed to the negative return of emerging markets in October. We believe emerging markets equities remain attractively valued after a volatile month.
Stock investors typically monitor earnings closely, yet investors cannot “spend” earnings to buy food or pay rent. That is done with cash. Investors should consider an additional measure: free cash flow conversion. Free cash flow conversion measures the ratio of a company’s cash flow to net income, thus making it a more effective measure of cash generation for corporations.
Did you know that during economic downturns innovation has managed to thrive? For example, throughout the Global Financial Crisis technological innovation prospered. It stands to reason that disruptive technologies may continue to flourish during future periods of market volatility and economic turbulence.
From an inventory management perspective, the economy is becoming more efficient. Companies that embrace change and innovation are likely to increase their efficiency and profitability.
The contribution limit of a 401(k) will increase by $500 on January 1, 2019. While it may not seem like much, contributing $500 more per year and thus making continual sacrifices throughout an entire career can add up to a meaningful difference, helping to fund a more comfortable retirement.
Companies are repurchasing their own stock in record amounts. In doing so, these companies are returning cash to shareholders, which is providing a meaningful tailwind to earnings per share (EPS), i.e., an increase in EPS.
It may seem distant, but there was a time before we could stream content, store data in the cloud or use apps on our phones. We had no idea such functionality existed in our future. Currently we are at a similar inflection point as we await the arrival of 5G technology. What new efficiencies and capabilities will it bring?
The economy is expanding and one reason is fewer regulations. With less red tape, businesses are freer to spend money. Currently their spending, a key driver of GDP, is outpacing overall economic growth this year. Investors may want to consider this significant change when constructing their portfolios.
Cloud computing is one of the most exciting trends in technology today. It got its start in about 2010 and has undergone several iterations since then, ultimately allowing for storage of actual software applications. The cloud is important because the more we move our applications and software to the cloud, the more productive our society becomes.
The significant change in the way people consume media is driving changes in how advertisers allocate ad dollars. We think popular forecasts continue to dramatically underestimate online ad spending and we expect digital advertising growth rates will continue to surprise to the upside.
While Weatherbie Capital, an Alger subsidiary, finds GICS a helpful tool for evaluating portfolios, we have an internal classification system that we use called Dynamic Growth Areas. Diversified Business Services is commonly the largest Dynamic Growth Area in our universe of growth stocks.
Many investors ask whether there is more risk in a focused portfolio of 50 or fewer securities. Alger recently partnered with Greenwich Associates in a study to explore the topic of sourcing alpha potential with these strategies. A key finding was that focused strategies may possess an attractive risk profile.
The emergence of eSports has some investors excited about the potentially massive market this new form of entertainment may become; eSports may one day even disrupt legacy sports. eSports consists of people watching—and sometimes paying to watch—other people play video game competitions, with meaningful prize money opportunities for winners.
Whose advice should you trust? Actually, research suggests that you can trust yourself if you are able to distance yourself from your own situation. This self-distancing can enable you to make wiser decisions in investing and in life.
India is undergoing a digital revolution that is transforming the 1.3 billion-person country by formalizing the economy through an increased participation rate. These changes demonstrate the Positive Dynamic Change we seek in our investments at Alger.
Find fact sheets and related literature on our investment strategies
