Align Technology, Inc's (ALGN) successful efforts to broaden the Invisalign portfolio are poised to bring significant growth in the upcoming quarters. Continued expansion into new regions and new manufacturing facilities appears optimistic. A sound financial stability is beneficial for the stock as well. Meanwhile, the adverse macroeconomic impacts on its operations and excessive reliance on a single platform raise concerns.In the past year, this Zacks Rank #3 (Hold) company has lost 27.6% compared with 2.6 ...

You’ve come to the right place if you’re looking for secular growth stocks. This article explores 3D printing stocks, poised to benefit from an annualized industry growth rate of 23.5% until 2030.The depth of application of 3D printing has become known to many. However, for some reason, numerous 3D printing stocks remain grossly undervalued. As such, I decided to delve into the 3D printing arena to pick out three best-in-class 3D printing equities.Considering the above, I framed my screening methodology aro ...

The Zacks Medical - Dental Supplies industry in the Medical sector has shown a positive trend in 2024 as product sales continue to rise. The recent uptick in the sale of dental products and services can be primarily linked to the lifting of limitations associated with the pandemic over the last few years. Also, the major players in the industry have been taking initiatives like cost-cutting and price improvement to improve their margins, post the pandemic. Factors fueling the dental market include the preva ...

Wall Street’s impressive bull run in 2023, which reversed the nightmare of 2022 has continued in the first half of 2024. U.S. stock markets’ northward journey is likely to continue in the second half of this year. Year to date, the three major stock indexes — the Dow, the S&P 500 and the Nasdaq Composite — have rallied 3.1%, 13% and 16.4%, respectively.Peak inflation is far behind us. The labor market remains resilient. The global supply-chain system has been restoring slowly since last year as U.S. corpora ...

Align Technology’s (ALGN) robust product line, consistent focus on international markets and strategic alliances bolster our confidence in the stock. The stock carries a Zacks Rank #2 (Buy) currently.Align Technology is strategically capturing the growing malocclusion market, one of the most prevalent clinical dental conditions in the world. According to Align Technology’s May 2023 data, the condition currently affects approximately 60% to 75% of the global population. The company estimates that there are a ...

It has been about a month since the last earnings report for Align Technology (ALGN) . Shares have lost about 18.7% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is Align Technology due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Align Technology Tops Q1 Earnings, ...

Align Technology (ALGN) has been beaten down lately with too much selling pressure. While the stock has lost 9.2% over the past four weeks, there is light at the end of the tunnel as it is now in oversold territory and Wall Street analysts expect the company to report better earnings than they predicted earlier.Guide to Identifying Oversold StocksWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is oversold. This is a momentum oscillator t ...

Align Technology’s (ALGN) robust product line, balanced growth across all channels and consistent focus on international markets to drive growth bolster our confidence in the stock. The stock carries a Zacks Rank #2 (Buy) currently.Align Technology is strategically capturing the growing malocclusion market, one of the most prevalent clinical dental conditions in the world. According to Align Technology’s 2023 data, malocclusion currently affects approximately 60% to 75% of the global population. The company ...

Is Align Technology Stock A Buy? scyther5 / Getty Images Align Technology (NASDAQ: ALGN), most notably the makers of Invisalign aligners specializes in orthodontic devices and restorative treatment has been through a whirlwind the past 2 years, with its stock price dropping 60% since its high in September 2021.2024 has also seen its challenges, after the stock increased 20% its has worked its way back down to about even for the year. For long term investors, does today’s price create a nice entry into Ali ...

Tom Werner Founded in 1997, Align Technology, Inc. (NASDAQ:ALGN) is a company that manufactures 3D digital scanners and clear aligners for teeth straightener use cases in orthodontics. ALGN went public in 2001 at a price of $17.3, and currently it is trading at $288 per share, up over 1,500% since then. However, outperformance could have been even stronger had it not been as volatile in recent times. ALGN soared to over $720 per share in 2021, but then continued its gradual decline to the current level soon ...