Intuitive Surgical: Shares Surge, But Now Near Fair Value (Rating Downgrade)

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 ...