Will ISRG Stock Continue Its Uptrend After Gaining 9.9% in a Month?

Shares of Intuitive Surgical (ISRG) have risen 9.9% in the past month against the Zacks Medical - Instruments industry’s decline of 1% and the broader Zacks Medical sector’s fall of 3.2%. The S&P 500 Index has returned 2.6% in the same period. ISRG stock has risen 58.8% year to date, primarily due to strong demand for its robotic surgery procedures.In the third quarter of 2024, ISRG reported a 17% year-over-year revenue growth, reaching $2 billion. This growth was driven by higher procedure volumes, expansi ...