Tag: Lost

Align Technology Hasn’t Lost Its Smile

For his final “Executive Decision” segment of Mad Money Thursday night, Jim Cramer checked in Joe Hogan, president and CEO of Align Technology (ALGN) , the orthodontics supplier.

ALGN just posted 62% revenue growth with better-than-expected earnings. The shares, however, fell 1.4%, a move Cramer called a mistake.

Hogan said digital orthodontics have been a game changer for the industry. He said nearly 75% of all adults have an alignment issue that could be rectified by Align.

Align has been a life-saver for many dental offices, Hogan noted. As patients dwindled during the pandemic, Align’s products were able to augment

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Lost Money in the Technology Selloff? Here’s What Buffett Mentor Phil Fisher Says to Do.

It has been a brutal month or so for high-flying technology growth stocks that soared during the pandemic of 2020. In a massive market rotation, investors have sold off many high-growth stocks in software, electric vehicles, and other technology IPOs and special-purpose acquisition companies, in favor of more beaten-down sectors of the market like financials and energy stocks.

In particular, ultra-high-growth disruptors, like the kind favored by newly famous investor Cathy Wood have been hit particularly hard; her ARK Innovation ETF (NYSEMKT:ARKK) is down 21.7% just in one month:

XLK 1 Month Total Returns (Daily) Chart

XLK 1 Month Total Returns (Daily) data by YCharts

But if

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