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Intuitive Surgical: Shares Surge, But Now Near Fair Value (Rating Downgrade)
Seeking Alpha· 2024-07-12 03:59
PhonlamaiPhoto/iStock via Getty Images Intuitive Surgical (NASDAQ:ISRG) has been a winner in the past year-plus while the Health Care sector has sagged relative to the S&P 500. Within the space, the iShares U.S. Medical Devices ETF (IHI) is barely in the black on a total return basis over the past 52 weeks. This relative weakness comes ahead of the second-quarter earnings season. FactSet data show strong Q2 2024 EPS growth within Health Care, though, so we should see generally upbeat numbers and perhap ...
Reasons to Add Intuitive Surgical (ISRG) to Your Portfolio Now
ZACKS· 2024-07-11 14:10
Intuitive Surgical, Inc. (ISRG) is well-poised for growth in the coming quarters, courtesy of its strength in robotics. The optimism, led by solid results in the last few quarters and its progress on the Artificial Intelligence (AI) front, is expected to contribute further. However, procedure adoption risks and stiff competition persist.Shares of this Zacks Rank #2 (Buy) company have risen 31.8% year to date compared with the industry’s 2.9% growth. The S&P 500 Index has gained 17.7% during the same time fr ...
Intuitive Surgical, Inc. (ISRG) Stock Slides as Market Rises: Facts to Know Before You Trade
ZACKS· 2024-07-09 23:05
Intuitive Surgical, Inc. (ISRG) closed the most recent trading day at $442.30, moving -0.5% from the previous trading session. The stock's change was less than the S&P 500's daily gain of 0.07%. Meanwhile, the Dow experienced a drop of 0.13%, and the technology-dominated Nasdaq saw an increase of 0.14%.Shares of the company have appreciated by 6.25% over the course of the past month, outperforming the Medical sector's loss of 1.99% and the S&P 500's gain of 4.34%.Investors will be eagerly watching for the p ...
Intuitive Surgical (ISRG) Rises 10% in a Month: What's Next?
ZACKS· 2024-07-02 14:07
Shares of Intuitive Surgical (ISRG) have risen more than 10% in the past month, outperforming the Zacks Medical - Instruments industry’s growth of 0.7% and the broader Zacks Medical sector’s return of 1.6%. The company continued to touch new 52-week highs in the last month and made an all-time high of $448.10 on Jul 1, before declining almost 1.9%.We believe that the recent momentum will continue this month as investors remain upbeat about Intuitive Surgical’s robot-based da Vinci surgical system, which has ...
2 Top Healthcare Stocks to Buy in June
The Motley Fool· 2024-06-30 11:52
Healthcare businesses tend to hold up through various economic cycles.The stock market is cyclical, and many industries are as well. However, some sectors are more resilient to the changing economic tides than others, and healthcare is one of them.Healthcare companies are often providing life-saving drugs and devices, as well as other essential products and services to consumers who need them no matter what the economy or stock market is doing. For long-term investors, putting cash into great companies in t ...
Intuitive Surgical Stock: Buy, Sell, or Hold?
The Motley Fool· 2024-06-27 13:20
This blue chip stock is at the intersection of cutting-edge technology and healthcare.Shares of Intuitive Surgical (ISRG 0.06%) have gained momentum following strong first-quarter results. The stock is up nearly 30% this year.The company continues to benefit from the global trend toward minimally invasive surgeries powering demand for its da Vinci robotic surgical systems. A positive growth outlook supported by overall solid fundamentals offers a good setup when evaluating any investment opportunity.That be ...
Intuitive Surgical, Inc. (ISRG) Rises But Trails Market: What Investors Should Know
ZACKS· 2024-06-26 23:05
Intuitive Surgical, Inc. (ISRG) ended the recent trading session at $442.56, demonstrating a +0.06% swing from the preceding day's closing price. This move lagged the S&P 500's daily gain of 0.16%. Elsewhere, the Dow saw an upswing of 0.04%, while the tech-heavy Nasdaq appreciated by 0.49%.Prior to today's trading, shares of the company had gained 10.29% over the past month. This has outpaced the Medical sector's gain of 2.32% and the S&P 500's gain of 3.22% in that time.Investors will be eagerly watching f ...
Intuitive Surgical (ISRG) Hits 52-Week High: What's Aiding It?
ZACKS· 2024-06-26 18:45
Shares of Intuitive Surgical, Inc. (ISRG) scaled a new 52-week high of $443.81 on Jun 25, before closing the session slightly lower at $442.31.Over the past year, this Zacks Rank #3 (Hold) stock has gained 34% compared with the 3.7% rise of the industry and the S&P 500’s 25.3% growth.Over the past five years, the company registered earnings growth of 6.5% compared with the industry’s 10.2% rise. The company’s long-term expected growth rate of 16.1% compares with the industry’s growth projection of 14.1%. In ...
Wall Street Bulls Look Optimistic About Intuitive Surgical (ISRG): Should You Buy?
ZACKS· 2024-06-26 14:35
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Intuitive Surgical, Inc. (ISRG) .Intuitive Surgical currently has an average brokerage recommen ...
3 Healthcare Stocks to Buy Now: June 2024
Investor Place· 2024-06-20 12:39
Healthcare stocks offer a haven for investors amidst the uncertainty.The Fed elected to hold interest rates at a 23-year high between 5.25% and 5.5% to combat persistent inflation. According to the Fed, the current economic outlook remains uncertain, and the Committee remains alert to inflationary headwinds.Additionally, a recent BlackRock report highlights that U.S. healthcare stocks have impressively outshone the broader market by an average of 10% across the last seven recessions.That said, the article c ...