Align Technology Invisalign is cashing in on what people want most: a beautiful smile.
Last week the company reported fantastic earnings. To be sure, this is the start of a string of excellent quarterly profits.
Back on January 12th I highlighted Align Technology’s unique market position. You can check out the post here.
In a nutshell, Invisalign is the company’s core product. Undoubtedly its a big digital transformation that creates beautiful smiles without the need for ugly braces.
Align Technology trades on the NASDAQ index under the symbol ALGN.
The chart below highlights the price gaps created after quarterly earnings. Obviously, investors are underestimating the potential of Invisalign.
Q4 Highlights
- Q4 total revenues up 28.4% year-over-year
- Record Clear Aligner revenue of $2.1 billion, a new record
- Operating cash flow falls -11.3 %
Why is Align Technology Invisalign killing it?
For one thing, the company uses cutting edge technology. For example, Align Technology uses 3D printing to mass produce its product. Coupled with its Patent Inventory gives the company an edge over the competition.
Conclusion
Without a doubt Align Technology is attracting the attention of big investors.
With this in mind the company is still flying under the radar. All things considered, it’s difficult to find a company that’s creating new markets for their products. Regardless, Align Technology is just getting started.
To say nothing of the fact people like a beautiful smile and will pay big money to get one! No doubt, the profits will continue to roll in.
Be sure to check out the Ultimate Portfolio + page. Here you will find all the great companies that are making investors big money.
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