Menu

Alger Mid Cap 40 ETF Q1 2026 Commentary
📰
0

Alger Mid Cap 40 ETF Q1 2026 Commentary

Seeking Alpha·Fred Alger Management·19 days ago
#KSlLrhsJ
#source#chevron#alpha#growth#quarter#year
Reading 0:00
15s threshold

Home Latest Articles Summary The Alger Mid Cap 40 ETF underperformed the Russell Midcap Growth Index during the first quarter of 2026, with the NAV returning -7.61% compared to the index's -6.35%. Comfort Systems USA delivered better-than-expected fiscal fourth-quarter results, highlighted by strong revenue growth, record margins, and a backlog that nearly doubled year over year. FTAI Aviation launched FTAI Power, a platform to convert retired CFM56 engines into aeroderivative gas turbines capable of supplying electricity to AI-driven data centers, capturing significant investor enthusiasm. Vertiv Holdings issued full-year revenue guidance well ahead of consensus expectations, reflecting the depth and durability of demand for data center infrastructure. Astera Labs announced its entry into the optical communications market, a potentially significant new growth vector that will require meaningful research and development investment in the near-term.…

Continue reading — create a free account

Join HashtagPLUS to read full articles, follow hashtags, vote, and join the conversation.

Read More