ALGN Stock Forecast: Why Did The Stock Rose By 30% In A Day?

November 10, 2020

This ALGN stock forecast article was written by Maria Grishaev, Analyst at I Know First.

Executive Summary

  • Following the announcement of the third quarter 2020 financial results, Align Technology received a major boost in stock price rising from $335.81 to $453.23 in one single day.
  • Quantitative analysis results indicate bullish signals after stock price topped out the moving average line.
  • ALGN deserves a one-year target price of $510, indicating a cautious buy recommendation.

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Coronavirus Stock Market: How To Profit With Medical Advancements

April 15, 2020
This article was written by Gabriel Plat, a Financial Analyst at I Know First.

Summary:

  • The COVID-19 pandemic left an opportunity to companies profit by developing a treatment and a vaccine;
  • Gilead and CytoDyn already started clinical trials with its drugs;
  • Partnering with other companies is also a strategy to reach the treatment faster than the competition;
  • These companies' stocks can be a huge opportunity to profit in the near future.

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