Better Buy: Align Technology Vs. Envista
Align Technology (NASDAQ: ALGN) has spent more than 20 years selling its clear dental aligners, a substitute for traditional braces. Envista Holdings (NYSE: NVST) emerged last September following an initial public offering, being spun off from parent company Danaher (NYSE: DHR). Cobbled together from 25 acquisitions over the past 15 years, Envista markets a portfolio of more than 30 global brands comprising dental implants, surgical tools, biomaterials, imaging tools, and orthodontic products, including newly launched clear aligners.
Align's business model is quite simple. Alongside its flagship Invisalign teeth aligners, it sells imaging equipment and services to dentists and orthodontists globally. Envista's business is more complex due to the range of products it sells. However, the company claims its products can be found in 90% of dentists' offices, making it a formidable dental supplier. Which of these two dental giants' stocks are a better buy today?
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Source Fool.com
