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Intuitive Surgical leads S&P 500 gainers as analysts welcome bullish guidance for 2024
Market Watch· 2024-01-10 19:41
Shares of Intuitive Surgical Inc. rallied 9.5% Wednesday to lead S&P 500 gainers, after the maker of robotic surgical equipment updated guidance for fourth-quarter sales with some bullish numbers, buoyed by a recovery in China. The stock ISRG, +10.16% was on track for its biggest one-day gain since April 19, 2023, when it rose 10.9%, and has gained for four of the last five days.The company said late Tuesday it expects fourth-quarter revenue of around $1.93 billion, up 17% and above FactSet forecasts for $1 ...
Midday Movers: Intuitive Surgical Surges on Strong Results, Amex Falls on Downgrade
Investopedia· 2024-01-10 17:55
Key TakeawaysU.S. equities were up at midday on Wednesday, Jan. 10, 2024 ahead of key inflation data and earnings reports due later in the week.Intuitive Surgical's preliminary results were better than expected, and shares advanced.American Express shares fell after a downgrade by BMO Capital Markets on banking industry headwinds.U.S. equities were up at midday ahead of key inflation data and earnings reports due later in the week. The Dow, S&P 500, and Nasdaq were all in the green.Intuitive Surgical (ISRG) ...
Intuitive Surgical Stock Jumps After Company Reports Strong Preliminary Q4 Results
Investopedia· 2024-01-10 16:55
Key TakeawaysIntuitive Surgical's preliminary fourth-quarter results were above analysts' estimates as the number of procedures using its surgical devices increased.The company said demand for procedures rose as China lifted its COVID-19 restrictions.Full-year total procedures were up on a jump in cancer surgeries.Shares of Intuitive Surgical (ISRG) moved sharply higher Wednesday as the maker of the da Vinci robotic surgical device said it anticipates better-than-expected results on a rise in surgical proce ...
Intuitive Surgical stock rallies on sales forecast, as demand for robot surgeons rises
Market Watch· 2024-01-09 22:09
Shares of Intuitive Surgical Inc. ISRG, +0.52% rallied after hours on Tuesday after the maker of robotic surgical equipment said it expected fourth-quarter sales that were above Wall Street’s expectations, helped by a recovery in China. The company reported preliminary fourth-quarter revenue of around $1.93 billion, up 17% and above FactSet forecasts for $1.87 billion. Procedures involving da Vinci, its robotic surgical system, jumped 21% from a year earlier, when COVID-19 cases re-emerged in China and wei ...
Intuitive Surgical, Inc. (ISRG) Beats Stock Market Upswing: What Investors Need to Know
Zacks Investment Research· 2024-01-09 00:35
Intuitive Surgical, Inc. (ISRG) closed the most recent trading day at $328.86, moving +1.97% from the previous trading session. The stock's change was more than the S&P 500's daily gain of 1.41%. On the other hand, the Dow registered a gain of 0.58%, and the technology-centric Nasdaq increased by 2.2%.Shares of the company have appreciated by 3.89% over the course of the past month, underperforming the Medical sector's gain of 6.57% and outperforming the S&P 500's gain of 2.9%.Investors will be eagerly watc ...
Intuitive Surgical, Inc. (ISRG) Is a Trending Stock: Facts to Know Before Betting on It
Zacks Investment Research· 2024-01-08 15:31
Intuitive Surgical, Inc. (ISRG) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Shares of this company have returned +3.9% over the past month versus the Zacks S&P 500 composite's +2.9% change. The Zacks Medical - Instruments industry, to which Intuitive Surgical, Inc. belongs, has gained 6.1% over this period. Now the key question is: Where could the stock be headed in the near term?W ...
3 Robotics Stocks That Will Go the Distance in 2024
InvestorPlace· 2024-01-05 07:10
The global robotics industry will continue to pick up steam, making it a great time to consider the best robotics stocks to buy. As we step into 2024, the potential for growth in the robotics industry remains substantial. Investors who are keen on capitalizing on this trend will focus their efforts on companies with market dominance and resilience. This has led to this list of robotics stocks for 2024.Market Research Future estimates the global robotics market to eclipse more than $200 billion by 2030, grow ...
3 Stealth AI Stocks to Ride 2024's Biggest Trend to Riches
InvestorPlace· 2024-01-04 18:47
As the world stands on the cusp of an AI-driven revolution, the investment world buzzes with anticipation, seeking the hidden gems — the stealthy AI stocks — that could potentially unlock immense wealth in 2024. Explore the trio of technological shifters, each wielding its arsenal of innovation in artificial intelligence (AI). These under-the-radar AI stocks paint a fascinating picture of market dominance and cutting-edge advancements concealed within their quarterly reports and strategic maneuvers.The firs ...
3 Top Stocks to Buy for the Long Haul
The Motley Fool· 2024-01-03 12:45
So you're looking for some additions to your portfolio that you can aim to hold for many years. Bravo -- aiming to buy and hold great companies over many years is a terrific way to build wealth.Here are three portfolio candidates presented for your consideration. Each has a strong track record of growth, plus plenty of potential for further growth. If any intrigue you, dig into them further.1. MicrosoftMicrosoft (MSFT -1.38%) needs little introduction. It's a massive technology powerhouse -- its recent mark ...
Here's Why Intuitive Surgical, Inc. (ISRG) Fell More Than Broader Market
Zacks Investment Research· 2024-01-02 19:34
In the latest market close, Intuitive Surgical, Inc. (ISRG) reached $330.98, with a -1.89% movement compared to the previous day. This change lagged the S&P 500's 0.57% loss on the day. Meanwhile, the Dow gained 0.07%, and the Nasdaq, a tech-heavy index, lost 1.64%.Shares of the company witnessed a gain of 8.18% over the previous month, beating the performance of the Medical sector with its gain of 4.53% and the S&P 500's gain of 4%.Market participants will be closely following the financial results of Intu ...