SM&R Alger Aggressive Growth A (SRAAX)
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average rating: 4.00 / 1 ratings
DESCRIPTION:

Date updated:11-18-2007

This fund has a Morningstar rating of 4 stars and is run by Patrick Kelly. Kelly has been employed by Fred Alger Management as a research associate from July 1999 to February 2001, as an assistant vice president and assistant analyst from February 2001 to Septemper 2001, as a vice president and senior analyst from Septemper 2001 to September 2004, and as a senior vice president and portfolio manager since September 2004. He began his career as an investment banking analyst at SG Cowen. Kelly holds the Chartered Financial Analyst designation. SM&R Alger Aggressive Growth Fund is an open-end fund incorporated in the USA. The Fund's objective is to achieve long-term capital appreciation. The Fund invests at least 85% of its total assets in the equity securities, such as common or preferred stocks, of U.S. companies of any size that are listed on exchanges or in the over-the-counter market.

Current Returns:

1-Year: 38.97%
3-Year: 26.91%
5-Year: 19.59%

symbol name last price % change open
  • +
  • GOOG
    Google Inc.
  • $533.47
  • +0.41%
  • $532.385

No Analysis added

People owning GOOG also tend to own: AAPLAMDCSCODELLIBMINTCMSFT

TheStreet.com Rating: B What is this?

  • +
  • GOOG
    Google Inc.
  • $533.47
  • +0.41%
  • $532.385

No Analysis added

People owning GOOG also tend to own: AAPLAMDCSCODELLIBMINTCMSFT

TheStreet.com Rating: B What is this?

  • +
  • CSCO
    Cisco Systems
  • $23.499
  • -0.85%
  • $23.77

No Analysis added

People owning CSCO also tend to own: AAPLAMDDELLGOOGIBMINTCMSFT

TheStreet.com Rating: B- What is this?

  • +
  • ONNN
    On Semiconductor
  • $7.62
  • +1.74%
  • $N/A

No Analysis added

People owning ONNN also tend to own: AMKRATMLDRLQSIRISIGMSTEC

TheStreet.com Rating: C What is this?

  • +
  • MO
    Altria Group Inc
  • $19.37
  • -0.05%
  • $19.43

No Analysis added

People owning MO also tend to own: AAALLAPCBUDCOPCVXDOW

TheStreet.com Rating: C What is this?

  • +
  • HOLX
    Hologic
  • $16.00
  • +0.06%
  • $16.04

No Analysis added

People owning HOLX also tend to own: APCAPPAUYAVNXBMDCBICOLM

TheStreet.com Rating: D What is this?

  • +
  • CAH
    Cardinal Health I
  • $32.26
  • -0.65%
  • $32.37

No Analysis added

People owning CAH also tend to own: ABTAMGNBDXBMYDNAFRXGENZ

TheStreet.com Rating: C What is this?

  • +
  • CVS
    Cvs Caremark Cp
  • $32.72
  • +5.31%
  • $33.92

No Analysis added

People owning CVS also tend to own: CCLXGOOGGSHDJNJLLY

TheStreet.com Rating: B What is this?

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Portfolio not tracked!

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05/26/2007 11:43 AM CDT Asked by 52weekHi
Why are you scared to track the portfolio

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Q. is MMR a good spec trade on oil
02.09.10 | 20:35 PM Asked by BS7518

A. One of the best of breed oil service
sector stocks would have been a better
bet during this most recent market
correction.

MMR does have strong strength in
ownership; however, the stock price run
up has already been 158% in the last 12
months yet has had a stock price
decrease of 24% in the past 3 months.

Serious consideration to buy MMR must
include being honest with a current PE
that is negative and more than one
analyst has significantly decreased
quarterly earnings estimates . . . which
leads to uncertainty, lack of
consistancy, predictability or stability
of what you are really buying.

The risk does outweigh the reward. . .
meaning it would be as you are phrasing
your question, a speculative play. . .
so how much are you willing to lose vs
how much are you hoping/anticipating to
gain?

Further, should you go with MMR, might
want to look at the charts for entry
point for partial position, followed by
adding partial position(s) with the
consideration of placing and using
mental stops to protect
investment entry points . . . Then
consider how much are you anticipating
to gain on the upside in anticipation to
taking a partial or total profit. . .
Thought being, keep a keen eye on MMR if
you put it into play and have your
finger on the trigger to sell in case
the price goes south (below support) or
hits the exit number (for profit).

In short, I have no personal position as
to why there would be any reason to dive
into MMR whole hog with the belief it
will be easy money. . . and that is
likely the real hard information or
supporting documentation you are hoping
to secure to feel confident in making a
more than certain profit with the
probability of low risk.

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