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Is Vertex (VERX) a Smart Long-term Buy?
Alger Mid Cap Focus Fund recently released its Q3 2020 Investor Letter, a copy of which you can download here. Class Z shares of the Alger Mid Cap Focus Fund outperformed the Russell Midcap Growth Index during the third quarter of 2020. You should check out Alger Mid Cap Focus Fund’s top 5 stock picks for investors to buy right now, which could be the biggest winners of 2021.
In the Q3 2020 Investor Letter, Alger Mid Cap Focus Fund highlighted a few stocks and Vertex Inc. (NASDAQ:VERX) is one of them. Vertex Inc. (NASDAQ:VERX) is a software company. In the last three months, Vertex Inc. (NASDAQ:VERX) stock gained 45.8% and on December 28th it had a closing price of $33.18. Here is what Alger Mid Cap Focus Fund said:
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