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

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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.