bullish
Align Technology (ALGN US) Vs. Angelalign Technology (6699 HK): Which One Is Better Investment
345 Views02 Mar 2022 18:03
SUMMARY
- Align Technology (ALGN US) is better investment idea than its Chinese competitor Angelalign Technology (6699 HK), due to its larger global scale of operation, early mover advantage, and cheaper valuation.
- Align Technology is well-positioned for 20%+ revenue and earnings growth through 2024, driven by large and underpenetrated TAM of 19 million annual ortho starts.
- Align Technology shares are trading at a steep discount to Angelalign Technology shares. Price erosion due to the increasing competition remains the key risks for both the companies.
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Discussions
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Rising
Tina Banerjee
Global Healthcare Analyst
Price Chart(Sign Up to Access)
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