Conversations with Jaguars – November 23 ($FLGT, $HAL, $ALGN)


It was just two weeks ago when $FLGT beat and raised guidance by 100% above consensus. This morning they are once again sharply raising guidance. Let’s see if it clears $47 resistance. Bullish view on $HAL after collecting read through from two horizontal frackers both of which are suggesting active rig count on pace to nearly double by year-end vs August low, meaning Q4 is seeing substantial sequential QoQ improvement. Also a reminder OPEC Meeting on Nov 30th and if they delay production¬†hike from Jan to Apr, it would be positive for the oil sector. Lastly, channel checks directly from doctors on the ground for $ALGN continue to be extremely strong.