Stock-Split Watch: Is Intuitive Surgical Next?

Core Viewpoint - Investors are keen on identifying potential stock-split candidates, as stock splits can make high-priced shares more accessible and signal management's confidence in future growth [1][2]. Group 1: Stock Split Mechanics - Stock splits increase the number of shares while lowering the per-share price, making stocks more accessible to a broader range of investors [4][5]. - The total value of an investment remains unchanged post-split, and investors should not base buy or sell decisions solely on a stock split [5]. Group 2: Intuitive Surgical's Stock Split Potential - Intuitive Surgical, a leader in robotic surgery, has seen its shares rise nearly 200% over the past five years, currently trading around $600 [3]. - The company has previously executed stock splits in 2003, 2017, and 2021, indicating a willingness to consider such operations [6][8]. - Intuitive Surgical's last two splits occurred when shares exceeded $1,000, suggesting the company may wait for the stock to reach or surpass this level before announcing a split [8][11]. Group 3: Growth Catalysts - The recent launch of the da Vinci 5 surgical robot is expected to drive earnings growth, with 493 da Vinci systems placed in the latest quarter, including 174 of the new platform [9][10]. - The company has experienced double-digit year-over-year increases in procedure volume and installed base, contributing to strong earnings and share price momentum [10].