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Alger: "Business Fundamentals for Avalara (AVLR) Remained Strong Despite Performing Poorly"


Alger: “Business Fundamentals for Avalara (AVLR) Remained Strong Despite Performing Poorly”
Alger, an investment management firm, published its “Alger Small Cap Focus Fund” first quarter 2021 investor letter – a copy of which can be downloaded here.  During the quarter, the largest portfolio sector weightings were Health Care and Information Technology. The largest sector overweight was Health Care. Class A shares of the Alger Small Cap Focus Fund underperformed the Russell 2000 Growth Index during the first quarter of 2021. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021.
Alger Small Cap Focus Fund, in their Q1 2021 investor letter, mentioned Avalara, Inc. (NYSE: AVLR) and shared their insights on the company. Avalara, Inc. is an automated tax compliance software company that currently has a $16.2 billion market capitalization. Since the beginning of the year, AVLR delivered a -11.52% return, while its 12-month gains are up by ....

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Alger Small Cap: "BigCommerce (BIGC) is Well-Positioned for Continued Market Share Gains"


Alger Small Cap: “BigCommerce (BIGC) is Well-Positioned for Continued Market Share Gains”
Alger, an investment management firm, published its “Alger Small Cap Focus Fund” first quarter 2021 investor letter – a copy of which can be downloaded here.  During the quarter, the largest portfolio sector weightings were Health Care and Information Technology. The largest sector overweight was Health Care. Class A shares of the Alger Small Cap Focus Fund underperformed the Russell 2000 Growth Index during the first quarter of 2021. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021.
Alger Small Cap Focus Fund, in their Q1 2021 investor letter, mentioned BigCommerce Holdings, Inc. (NASDAQ: BIGC) and shared their insights on the company. BigCommerce Holdings, Inc. is a Austin, Texas-based SaaS e-commerce platform that currently has a $4.3 billion market capitalization. Since the beginning of the year, BIGC delivered a -8.85% return, while it ....

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Alger Small Cap on Berkeley Lights (BLI): "We Believe the Base Business Remains Strong"


Alger Small Cap on Berkeley Lights (BLI): “We Believe the Base Business Remains Strong”
Alger, an investment management firm, published its “Alger Small Cap Focus Fund” first quarter 2021 investor letter – a copy of which can be downloaded here.  During the quarter, the largest portfolio sector weightings were Health Care and Information Technology. The largest sector overweight was Health Care. Class A shares of the Alger Small Cap Focus Fund underperformed the Russell 2000 Growth Index during the first quarter of 2021. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021.
Alger Small Cap Focus Fund, in their Q1 2021 investor letter, mentioned Berkeley Lights, Inc. (NASDAQ: BLI) and shared their insights on the company. Berkeley Lights, Inc. is an Emeryville, California-based digital cell biology company that currently has a $3.2 billion market capitalization. Since the beginning of the year, BLI delivered a -46.39% return, while i ....

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Alger Small Cap Focus: 'Quidel Corp. (QDEL) is Among Our Top Detractors'


Alger Small Cap Focus: ‘Quidel Corp. (QDEL) is Among Our Top Detractors’
Alger, an investment management firm, published its ‘Alger Small Cap Focus Fund’ fourth quarter 2020 investor letter – a copy of which can be downloaded here. In the letter, the fund highlighted their largest portfolio sector weightings, which is in the Health Care and Information Technology sector, and their comments on notable companies. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021.
Alger Small Cap Focus Fund, in their Q4 2020 investor letter, mentioned Quidel Corporation (NASDAQ: QDEL) and emphasized their views on the company. Quidel Corporation is a California-based diagnostic healthcare products manufacturer that currently has a $5.7 billion market capitalization. Since the beginning of the year, QDEL delivered a -24.19% return, but its 12-month gains are still up by 72.02%. As of March 12, 2021, the stock closed at $136.19 per share. ....

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