Intuitive Surgical (ISRG) Rises 10% in a Month: What's Next?

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 ...