Medical Applicances and Equipment

Individual company worksheets may be downloaded by simply clicking on the company name.

Align Technology, Inc.
It’s unfortunate that I didn’t buy this one when I had the chance back in 2007 for around $11 a share. But what else is new. It’s the reason I’m a stock picking loser, I never see the potential of the “big” one. Instead I focus on the value of the company as an ongoing concern. Probably because I remember I how hard I had to work, and scrimp, and save, to have enough cash to invest. The other thing I like to focus on is Free Cash Flow. I think about some of the companies I have valued over the last few weeks whose free cash flow was 50% higher than this company, yet they are only trading in the mid $30s and I ask myself how come? Why aren’t they trading above $200? Hmm, momentum I guess. Those stocks aren’t the investment of the day I suppose. But that brings up the question of how do you know when the investment of the day…won’t be?

Align Technology, Inc. (Nasdaq: ALGN) – FYE 12/2016 – OVER VALUED – The stock is currently trading above my $39 fair value estimate – Please See Linked Worksheet

Intuitive Surgical, Inc.
I don’t own this stock. I wish I did. They have no competition, not really. The return on invesment for this stock over the prior five years was 125%, 25% per year. As I said, I don’t own any of this stock. But then I don’t own Apple, or Amazon, or Google either. Long sigh. Figures.

Intuitive Surgical, Inc. (Nasdaq: ISRG) – FYE 12/2017 – OVER VALUED – The stock is currently trading at levels above my current $101 fair value estimate – Please See Linked Worksheet

Lakeland Industries, Inc. (Nasdaq: LAKE) – FYE 01/2017 – Sell – The current market price is too high basis the current P/E, growth potential and balance sheet metrics – SEE RESEARCH NOTES

Please note that worksheets are updated basis the most current SEC 10-K ANNUAL filing.