Align Technology Inc
ALGN: XNAS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$964.00 | Gdfmlxl | Mtkmsvbmc |
We Are Modestly Lowering Narrow-Moat Align's Fair Value Estimate; Shares Still Look Attractive
Business Strategy and Outlook
Align Technology is the leading manufacturer of clear aligners. Since it was granted FDA approval in 1998, the Invisalign brand has dominated the clear aligner market, providing a diverse set of solutions to patients across the world. The company operates in two segments: Clear Aligner and Systems and Services.