I sure hope you took the advice I gave you back on July 26. You’d be laughing all the way to the bank by now.
But even if you didn’t have a chance to read it, today I’m going to show you why there’s so much upside for this company ahead.
Back then, my column about a breakout medtech leader appeared the very day after the stock dropped by 25% on heavy volume.
That’s the kind of decline that makes most investors very nervous.
But we’re not most investors. We know how to pounce on an undervalued stock and make more money by turning Wall Street’s anxiety attack into our long-term profits.
And that’s why I never lost faith in this company. It’s one I have followed for years and it’s nothing short of a profit powerhouse.
In fact, I actually got excited to see that we could scoop up shares of Align Technology Inc. (ALGN) at deep discount.
So, I’m happy to report that Align rocked the market last month – gaining more than 39% in just 30 days.
But that might be just the beginning…
By now, I think it’s safe to say that Jim Cramer was dead wrong.
And I was right on the money.
Here’s the thing. I remember very clearly the day that Amazon.com Inc. (AMZN) crossed the $1,000 mark on May 31, 2017.
Cramer, the host of CNBC’s Mad Money looked at the price and slammed it. He said that “psychologically” $1,000 is a lot to pay for a stock he felt was getting ahead of itself.
As the saying goes, that was then and this is now.
No doubt, the tech leader hit a rough patch late last year with the rest of the market. And it has come under fire recently as part of the Big Tech backlash.
Yet, below-expected earnings reports for Q2 and Q3 of this year could only pull Amazon down into the $1,700 range, still far above what Cramer was worrying about.
Not only that, but the “King of E-commerce” is well positioned for another historic moment. It’s roughly 15% away from having a $1 trillion market cap, and most of that would just be regaining lost ground
And today, you’ll see why I still firmly believe the stock will hit at least $3,000 a share – and likely much, much more than that…
Check it out…
