5 Best Dental Stocks to Buy Now

3. SmileDirectClub, Inc. (NASDAQ:SDC)

No of HFs: 28

Total Value of HF Holdings: $157 Million

The 3rd best dental stock to buy now is SDC. An insider recently purchased 15,000 shares at around $8. The stock is up 62% since then. In an article, Miller Value Partners mentioned a few of their comments on the stock in their Q2 2020 investor letter.

“We sold SmileDirect to fund our other ideas. We didn’t end up holding the name long. While there are many interesting things about the business, we think the business is significantly challenged by the pandemic. Their product is highly discretionary with a high price point and certain distribution outlets closed down. The company loses money and had a challenged balance sheet. Given the risks, we preferred to deploy the capital elsewhere.”