Company Overview - Intuitive Surgical specializes in robotic surgery equipment, with over 16 million procedures performed and more than 9,900 machines installed globally across 72 countries [2] - The company has averaged annual gains of nearly 24% over the past decade, indicating strong historical performance [2] Financial Performance - In the second quarter, Intuitive Surgical's procedure volume grew by 17% year over year, while revenue increased by 21% [3] - A significant portion of revenue, 84%, comes from servicing, supplies, and accessories rather than the systems themselves, suggesting a stable revenue stream [3] Market Challenges - The stock is currently down 15.5% year to date, attributed to uncertainties from tariffs imposed by the Trump administration and competition from Medtronic's new robotic urologic surgery system [4] - Despite the current stock price decline, the forward-looking price-to-earnings (P/E) ratio of 48 is below its five-year average of 56, indicating potential for future growth [5]
What Is One of the Best Healthcare Stocks to Buy Right Now? (Hint: It's a Robotics Company)