Intuitive Surgical Has Stellar Performance, but Is Priced to Perfection

Robotic surgical systems provider Intuitive Surgical Inc. (ISRG, Financial) has been one of the hottest stocks over the past year, consistently notching higher highs and many from the Wall Street punditry expecting more upside ahead. Moreover, recent quarterly updates show that surgery volumes have remained resilient, defying expectations of a potential slowdown from a drop in pandemic-related patient backlogs. Additionally, the early success of the next-generation Da Vinci 5 robotics system has exceeded ex ...