Stock: SWAV vs ALGN

SWAV is a large cap medical company that focuses on developing products intended to treat calcified cardiovascular disease (leading cause of death in the US).  Shockwave Medical, Inc offers an improvement to treating calcified arteries both in the US and Internationally.  The company was founded in 2009 and is headquartered in Santa Clara, CA.
Industry: Medical Equipment

ALGN is a large cap medical company that supplies dentistry with orthodontal, restorative, and aesthetic products aimed at changing lives through better smiles. The company was founded in March 1997 and is headquartered in Tempe, AZ.
Industry: Medical Supplies

Price Growth (3 yrs)
Over 3 years SWAV outperforms ALGN.

Revenue
SWAV
´s revenue growth remain positive.

Operating Margin:

SWAV wins.

Free Cash Flow
ALGN
wins on this metric.

Assets vs Debt:
The zero debt makes ALGN attractive however, SWAV can cover it´s debt.

Technicals:
SWAV,d:
Nearing ATH.

ALGN,d:
Testing it´s WVI.

Both stocks are on my WL for an initial entry.  ALGN is due to report on the 26th of April whilst SWAV is due on the 8th of May.  I look forward to seeing both results.  In the meantime, more research is needed on CEO and management team of both companies. 

David Aranda

Let's go trade!

Previous
Previous

Market Report Apr 26 2023

Next
Next

Market Report Apr 23 2023