Former British prime minister Liz Truss blamed on Sunday the economic "orthodoxy" in the country's finance ministry, other nations and in parts of the governing Conservative Party for derailing her premiership and "plan for growth". Truss's tenure was cut short last year after her largely unfunded mini budget and tax cuts pushed up borrowing costs and mortgage rates, sent the pound tumbling and shattered Britain's reputation for financial stability. Writing in the Sunday Telegraph newspaper in her first major foray into politics since the abrupt end to her premiership after just over six turbulent weeks in power, Truss wrote she believed her recipe for Britain by cutting taxes and removing some regulation was the right one.
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Align Technology partners with orthodontists who, in turn,
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Align Technology partners with orthodontists who, in turn, sell Invisalign clear aligners to patients they meet with in person. Direct-to-consumer competitors, like SmileDirectClub, seemed like serious threats in the past, but folks clearly prefer involving a professional in the process. Align Technology had a 75% share of the market for clear aligners last year, according to Grand View Research. A buy now? Align Technology gave its existing shareholders plenty to smile about in its latest earnings call, but it probably isn't the best stock you could buy right now. After climbing more than 70% year to date, it's trading at 78.1 times 2022 earnings or 35.5 times 2021 earnings. Any way you look at it, it's just too much. Over the long run, I expect Align Technology's bottom line to climb by an annual percentage in the high single digits. That's nothing to complain about, but it isn't nearly fast enough to justify buying the stock at its nosebleed-inducing valuat...