Back in 2012, my dentist convinced me to try Invisalign to straighten my teeth. Growing up, I absolutely refused braces because I was awkward, skinny, and wore thick glasses. I was already nerdy enough! Any more nerdiness would have gotten me bullied to oblivion. So as an adult, Invisalign was very appealing. I signed up and wore these clear “aligners” over my teeth for the next four years.
Invisalign has come a long way since then. It’s friendlier, has an app, and a lot of new nuances that make the results better. One of my sons began using Invisalign last year, and my wife just started on it a few months ago. That’s why I want to put some investment money into Align Technology (ticker: ALGN). The stock has been trading at a price lower than where it was in 2018, but the fundamentals look great. It’s profitable, has good growth, and plenty of free cash flow.