Core Insights - Intuitive Surgical is recognized as a strong growth stock with impressive past performance and a promising future [1] Company Performance - Over the past decade, Intuitive Surgical stock has grown at an average annual rate of 23%, with a growth rate of nearly 30% over the last three years [2] - A $10,000 investment in Intuitive Surgical a decade ago would be worth approximately $80,610 today, significantly outperforming the S&P 500, which would have turned the same investment into $33,720 [2] Business Model - Intuitive Surgical leads in robotic surgery equipment, with over 9,900 da Vinci systems installed in 72 countries, used for more than 16 million procedures [3] - The company derives 84% of its revenue from recurring sales of servicing, supplies, and accessories, creating a reliable revenue stream once hospitals commit to the da Vinci machines [4] Market Demand - The aging global population is expected to increase demand for procedures facilitated by Intuitive Surgical's machines, including colorectal, cardiac, and hernia surgeries, as well as lung procedures with the Ion systems [5] Valuation Metrics - Currently, Intuitive Surgical's forward-looking price-to-earnings (P/E) ratio is 51, which is considered high but below its five-year average of 56, indicating a potential buying opportunity for long-term investors [6] Investment Considerations - Despite its strong performance, Intuitive Surgical was not included in a recent list of the top 10 stocks recommended by analysts, suggesting that there may be other compelling investment opportunities available [7][8]
1 Reason Every Investor Should Know About Intuitive Surgical (ISRG) Stock