Align Technology (ALGN) Stock Looks Reasonable Even After A 78% Fall

Align Technology has seen a sharp reset in investor expectations over the past few years, and the question now is whether the current share price lines up with what its earnings can support. After a long period of adjustment in the orthodontics market and changing sentiment toward growth stories, the stock's earnings power is back in focus. Over the past 5 years, Align Technology has fallen 77.7%, which puts a lot of weight on whether the current earnings justify where the stock trades...