Is Align Technology a Buy After Exceeding Expectations?
Shares of Align Technology (NASDAQ: ALGN), the world's leading manufacturer of clear tooth aligners, jumped on Thursday, Feb. 2, after the company reported earnings results from the fourth quarter of 2022. Investors responding to better-than-expected results drove the stock 27% higher in a single trading session.
Align Technology's shareholders have been all smiles lately. The stock is up more than 70% in 2023.
Of course, past performance doesn't guarantee future results. Let's look at why this stock is soaring to see whether it can keep climbing for investors who buy in at recent prices.
Source Fool.com