Brandon Geisler, Senior Vice President and Portfolio Manager at Alger, joined Keith Black, Managing Director of RIA Channel, to discuss growth opportunities in innovative mid-cap companies.
Geisler describes mid-cap growth stocks as being in a sweet spot, as they have proven themselves by moving out of the small-cap universe while posting stronger earnings growth rates than large-cap stocks.
Geisler’s mid cap portfolio blends three types of stocks: compounders, aggressive growers, and life-cycle changers. The core of the portfolio is high-quality companies that compound growth over long time periods. Between 20% and 40% of the portfolio is invested in aggressive growers and companies experiencing life-cycle changes. He also seeks to invest in companies undergoing disruptive change that can drive growth. This portfolio seeks to generate consistent outperformance by investing in durable, high-quality growth businesses, compounding that advantage over time with more moderate volatility than many growth strategies.
Alger’s deep fundamental research process works to identify the factors driving industry and company disruptions. Alger seeks to invest in companies before the anticipated changes occur. Geisler invests in the artificial intelligence theme using a barbell approach. On one side are the companies directly participating through power, infrastructure, and technology. On the other end are the companies that will benefit from deploying AI models.
Outside of the AI theme, Geisler is also paying attention to changing consumer patterns, especially in the growing demographic of wealthy Americans aged 55 and older who are increasing their spending on travel and healthcare. He believes these changing consumer patterns could present compelling opportunities for investors.
WEBCAST REPLAY – Beyond the Mega Caps: What Advisors Should Be Watching Next
In this webcast, Brandon Geisler:
Explores whether the growth opportunity set is broadening beyond mega-cap leaders, and what shifting market dynamics may mean for portfolio positioning.
Identifies where opportunities may be emerging in mid-caps today, highlighting key themes, characteristics, and areas of innovation shaping the opportunity set.
Discusses why active management may be especially effective in mid-caps, where less coverage can create more opportunity to identify mispriced growth companies.
Accepted for 1 CFP / IWI / CFA CE Credit
Resources:
Learn More about Brandon Geisler and the Alger Mid Cap Growth strategy
Disclosures
The views expressed are the views of Fred Alger Management, LLC (“FAM”) and its affiliates as of June 2026. These views are subject to change at any time and may not represent the views of all portfolio management teams. These views should not be interpreted as a guarantee of the future performance of the markets, any security or any funds managed by FAM. These views are not meant to provide investment advice and should not be considered a recommendation to purchase or sell securities.
Risk Disclosures – Investing in the stock market involves risks, including the potential loss of principal. Growth stocks may be more volatile than other stocks as their prices tend to be higher in relation to their companies’ earnings and may be more sensitive to market, political, and economic developments. A significant portion of assets may be invested in securities of companies in related sectors, and may be similarly affected by economic, political, or market events and conditions and may be more vulnerable to unfavorable sector developments. Investing in companies of medium capitalizations involves the risk that such issuers may have limited product lines or financial resources, lack management depth, or have limited liquidity. Foreign securities involve special risks including currency fluctuations, inefficient trading, political and economic instability, and increased volatility.
Companies involved in, or exposed to, AI-related businesses may have limited product lines, markets, financial resources or personnel as they face intense competition and potentially rapid product obsolescence, and many depend significantly on retaining and growing their consumer base. These companies may be substantially exposed to the market and business risks of other industries or sectors, and may be adversely affected by negative developments impacting those companies, industries or sectors, as well as by loss or impairment of intellectual property rights or misappropriation of their technology. Companies that utilize AI could face reputational harm, competitive harm, and legal liability, and/or an adverse effect on business operations as content, analyses, or recommendations that AI applications produce may be deficient, inaccurate, biased, misleading or incomplete, may lead to errors, and may be used in negligent or criminal ways. AI companies, especially smaller companies, tend to be more volatile than companies that do not rely heavily on technology.
Investing in innovation is not without risk and there is no guarantee that investments in research and development will result in a company gaining market share or achieving enhanced revenue. Companies exploring new technologies may face regulatory, political or legal challenges that may adversely impact their competitive positioning and financial prospects. Developing technologies to displace older technologies or create new markets may not in fact do so, and there may be sector-specific risks. There will be winners and losers that emerge, and investors need to conduct a significant amount of due diligence on individual companies to assess these risks and opportunities.
Important Information for US Investors: This material must be accompanied by the most recent fund fact sheet(s) if used in connection with the sale of mutual fund and ETF shares. Fred Alger & Company, LLC serves as distributor of the Alger mutual funds and ETFs.