Top 5 Up And Coming Companies To Watch For 2015

Top 5 Up And Coming Companies To Watch For 2015: Align Technology Inc.(ALGN)

Align Technology, Inc., a medical device company, designs, manufactures, and markets clear aligner systems or Invisalign systems, intra-oral scanners, and computer-aided design (CAD) and computer-aided manufacturing (CAM) restorative models used in dentistry, orthodontics, and dental records storage in North America and Internationally. The company?s clear aligner products include Invisalign Full for the treatment of malocclusions; Invisalign Express and Invisalign Lite solutions for less complex orthodontic cases; Invisalign Teen, which is primarily marketed to orthodontists for treating malocclusion in teenage patients; Invisalign Assist for use in anterior alignment and aesthetically-oriented cases; and Vivera retainers for invisalign and non-invisalign patients. It also offers ancillary products comprising cleaning material and adjusting tools used by dental professionals during the course of treatment. In addition, the company provides iTero scanners; iOC scanners; a nd iTero dual scanner, which includes both the iTero restorative software and the iOC orthodontic software, as well as services comprising iTero restorative and OrthoCAD services. Further, it offers CAD/CAM services, such as iTero Models and Dies; OrthoCAD iCast and OrthoCAD iRecord that provides a digital alternative to traditional stone cast models, which allows for simplified storage and digital record retrieval; and OrthoCAD iQ, a computer-guided system for optimal placement of traditional brackets and customized indirect bonding tray system. The company distributes its products primarily directly to orthodontists and general practitioner dentists, as well as restorative dentists, including prosthodontists, periodontists, and oral surgeons. Align Technology, Inc. was founded in 1997 and is headquartered in San Jose, California.

Advisors' Opinion:

• [By Sean Williams]

  What: Shares of Align Technology (NASDAQ: ! ALGN  ) , a medical device and software design company for the dental and orthodontics industry, jumped as much as 12% after reporting better-than-expected second-quarter results.

• [By Maria Armental var popups = dojo.query(".socialByline .popC"); popups.forEach]

  Align Technology Inc.(ALGN), maker of the Invisalign system used to straighten teeth, said the International Trade Commission on Monday stayed cease-and-desist orders against ClearCorrect pending an appeal.

• [By Sue Chang and Ben Eisen]

  Align Technology Inc. (ALGN) shares jumped 26%. The maker of Invisalign braces said late Thursday that it had swung to a profit in the third quarter, and raised fourth-quarter earnings projections to a range of 41 to 43 cents a share. Thomson Reuters-surveyed analysts had expected 36 cents a share.

• [By Ben Levisohn]

  Its braces might be invisible but Align Technology’s (ALGN) gains are not.

  Getty Images

  The maker of transparent braces and other dental products reported earnings of 42 cents a share, week above analyst forecasts for a 30 cent profit. Revenue, meanwhile, rose to $164.5 million, above the $158.6 million forecast.

  William Blair’s John Kreger and team are impressed:

  We are encouraged by the strong results, which stand in stark contrast to second half 2012 when volume growth and margins declined unexpectedly. Align’s Invisalign is clearly gaining market share, generating 16% unit growth in an environment where overall orthodontic procedures are essentially flat by our estimates.

  Stifel’s Jonathan Block and Ethan Roth can barely contain their excitement. They write:

  Our entire 2014 leverage thesis played out in 3Q13 as ALGN significantly beat EPS numbers…yet we were silly enough to make a cautious call in front of the qu! arter. Th! at said, we think our 2014 $1.66 versus the Streets $1.53 should no longer be viewed as an unrealistic expectation and we believe consensus likely brings their estimates up to us.overnight. Align seems to be in the sweet spot as past investments (APAC, N.A. sales reps) are starting to pay off and new innovations (SmartTrack) are resonating with docs and helping to drive utilization higher. We are raising our 2014 and 2015 EPS estimates. Reiterate Buy and increase PT from $54 to $57.

  Cantor Fitzgerald’s Jeremy Feffer upgrades Aligns shares to Buy from Hold:

  After seemingly hitting bottom in 3Q:12, ALGN has taken concrete steps to revitalize its North American GP dentist segment, stabilize/improve pricing, and build a formidable O-U.S. sales and training operation, all of which are paying dividends. With better overall volume trends, the ClearCorrect ITC victory, and the Realine launch, we see plenty of runway for continued outperformance.

source from Top Stocks To Buy For 2015:http://www.topstocksforum.com/top-5-up-and-coming-companies-to-watch-for-2015-2.html