Align Technology, Inc. (ALGN): Align Technology: Buy This Orthodontics Pioneer ...
Align Technology ( ALGN ) is a provider of a modern system - Invisalign, which corrects malocclusion or misalignment of teeth. The stock of the company has corrected ~10% from the recent high of $60. According to fellow Seeking Alpha contributor Arizona Trader, Danaher Corporation ( DHR ) just sold out a major stake (4.6 million shares) in Align for $54.60. In the last one year the stock has appreciated ~100% due to the company's huge growth prospects. I strongly believe that the corrective phase in the stock is an excellent buying opportunity with ~25% upside potential over the next one year.
Align designs, manufactures and markets the Invisalign system, a proprietary method for treating malocclusion. A malocclusion is a misalignment of teeth or incorrect relation between the teeth of the two dental arches. Invisalign corrects malocclusion using a series of clear, almost invisible and removable appliances that gently move teeth to a desired final position. The company pioneered the invisible orthodontics market with the introduction of the Invisalign system in 1999. The system offers orthodontists a new way to carry out their diagnosis and treatment.