1 As of 2017, using 2017 forecasted gross expenditures on R&D from R&D Magazine.
2 EY (2017) “Global IPOs on Course for the Busiest Year Since 2007.” EY Global IPO Trends.
The views expressed are the views of Fred Alger Management, Inc. as of Novemeber 2017. These views are subject to change at any time and they do not guarantee the future performance of the markets, any security or any funds managed by Fred Alger Management, Inc. These views are not meant to provide investment advice and should not be considered a recommendation to purchase or sell securities.
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