NASDAQ:ALGN

241.53
0.66 (0.27%) 1d
0

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Investor Insights

This summary was created by AI, based on 2 opinions in the last 12 months.

Experts have highlighted the strong performance of Align Technology Inc during the pandemic, with significant share price gains and a promising market in the braces industry. The company's product has been commended for its appeal to both teenagers and adults, indicating broad market potential. This positive sentiment is supported by the stock's strong performance at the beginning of the year, as well as indications of increased consumer spending.

Consensus
positive
Valuation
Overvalued
STRONG BUY

Was upgraded today. This was a huge pandemic winner, peaking at $730. Shares are up 70% this year to $373. She bought it way down, nearly doubling her hold in worth. The braces market is huge for teenagers as well as adults. She has recommended this before and still does.

Telecommunications
BUY

Had a great move to start the year, has been building a base, and people are starting to spend money on goods. Great product.

Telecommunications
PARTIAL BUY

#5 stock in Q1, up 58%. Pre-Covid, it was a great growth stocks, but slid after Covid. Is recovering now though selling at a rich 40x PE. If Wall Street doesn't shun growth stocks again, this can rise higher.

Telecommunications
BUY

Down 67% last year, a pandemic victim. It turned around in Q4 by offering stability that shareholders applauded. Was the 3rd-worst performer in 2022, but is the 2nd-best performer in 2023.

Telecommunications
BUY
Shares have fallen $700 to $200. China is a big growth market for them, and China will reopen and grow. Traeds at 25x PE. 20% 5-year growth rate. Dominates this industry.
Telecommunications
SELL ON STRENGTH
Oil was up so huge, then gave back those gains. As ALGN goes back up, trim some. Take some profits in oil and let the rest run.
Telecommunications
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick May 06/21, Up 0.95%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with ALGN has triggered its stop at $590. To remain disciplined, we recommend covering the balance of the position at this time. Combined with the previous recommendation to cover half the position, this results in a net investment return over 10%.
Telecommunications
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick May 06/21, Up 20.9%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with ALGN has achieved its target of $707. To remain disciplined, we recommend covering 50% of the position and trailing up the stop (from $400) to $590.
Telecommunications
DON'T BUY
Not interested, based on valuation. Trading at 10-11x revenue. Good news already built in. Good technology, good company, but he'd pass.
Telecommunications
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Stockchase Research Editor: Michael O'Reilly During the pandemic, orthodontic services have been restricted. ALGN allows patients a safe, lower cost way, to achieve their goal for a better dental appearance. Patients work with orthodontists, but wear an aligner for their teeth that is not visible to others. Management just amped up their sales expectations to $3.7-$3.9 billion for the year, compared to analyst expectations of $3.49 billion. The company is expanding to include Europe, Japan and China. The company continues to build cash reserves, now estimated over $1.2 billion. We would buy this with a stop loss at $400, looking to achieve $707 -- upside potential over 25%. Yield 0% (Analysts’ price target is $707.00)
Telecommunications
COMMENT

Fractional shares to buy instead of playing the short squeeze of GameStop, AMC, etc. They make Invisiline. They have a lot going for it. Your teeth are always on display when you Zoom or appear on Instagram.

Telecommunications
DON'T BUY

This falls into the medical device category, which he likes. The stock has gone parabolic and earnings beats have been great. It has a 50+ PE ratio. It will have to grow into that ratio before he would be buyer – needing at least 50% earnings growth.

Telecommunications
COMMENT

His investment team has been debating this for a year. He really likes the company. This has technology for braces for teeth, that is non-invasive, easy to apply, and you don’t have to be an orthodontist to apply the technology. They are growing very rapidly globally. It has a very large addressable market. It appeals to mature individuals as it doesn’t show up in your mouth. He likes this one and wishes he was a shareholder.

Telecommunications
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Align Technology Inc(ALGN-Q) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 2

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 2

Stockchase rating for Align Technology Inc is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Align Technology Inc(ALGN-Q) Frequently Asked Questions

What is Align Technology Inc stock symbol?

Align Technology Inc is a American stock, trading under the symbol ALGN-Q on the NASDAQ (ALGN). It is usually referred to as NASDAQ:ALGN or ALGN-Q

Is Align Technology Inc a buy or a sell?

In the last year, 2 stock analysts published opinions about ALGN-Q. 2 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Align Technology Inc.

Is Align Technology Inc a good investment or a top pick?

Align Technology Inc was recommended as a Top Pick by on . Read the latest stock experts ratings for Align Technology Inc.

Why is Align Technology Inc stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Align Technology Inc worth watching?

2 stock analysts on Stockchase covered Align Technology Inc In the last year. It is a trending stock that is worth watching.

What is Align Technology Inc stock price?

On 2024-06-24, Align Technology Inc (ALGN-Q) stock closed at a price of $241.53.