ALGN Investor Day

Here is a link to the press release for the Align Investor Day held today.

http://investor.aligntech.com/news-releases/news-release-det…

The part I especially liked:

“In conjunction with today’s meeting, Align reaffirmed its financial guidance for the second quarter and full fiscal year 2018. In addition, Align updated its long-term financial model revenue growth rate target from a range of 15-25% to a range of 20-30%, reflecting the company’s view of how underpenetrated its business is into the significant market opportunity it presents globally for both Invisalign clear aligners and iTero scanners and services.”

Jimbo
long ALGN

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The problem is only the price which more than fully reflects that the company has deservedly reached ‘well known story’ status and therefore has momentum. GARP seems absent for the moment. (I have a holding.)

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