The latest earnings update Align Technology Inc's (NASDAQ:ALGN) released in December 2017 revealed that the business experienced a strong tailwind, eventuating to a double-digit earnings growth of 22.00%.
Shares were higher in Asia on Wednesday, supported by rosy manufacturing data from Japan. The gains came despite losses on Wall Street, where a six-day winning streak was snapped by a plunge in Walmart stock and losses in other sectors.
Does the share price for Baxter International Inc (NYSE:BAX) reflect it's really worth? Today, I will calculate the stock's intrinsic value by taking the expected future cash flows and discounting them to their present value.