Fisher, Cohen & Laffont's Robotics Pick Just Triggered A Golden Cross
IntuitiveIntuitive(US:ISRG) Benzinga·2025-12-05 16:55

Core Insights - Intuitive Surgical Inc (NASDAQ:ISRG) is experiencing a significant breakout moment, supported by strong positions from notable billionaire investors [1][4]. Stock Performance - ISRG has printed a Golden Cross, with the 50-day moving average crossing above the 200-day moving average, indicating a bullish trend shift [2]. - The current trading price is approximately $575.12, above key moving averages: 8-day SMA at $571.89, 20-day at $565.57, and 50-day at $515.94, all above the 200-day average at $508.70 [2]. - Year-to-date, ISRG is up 9.74% and is approaching its 52-week high of $616, significantly above last year's low of $425 [3]. Momentum Indicators - The MACD is at 13.79, indicating strong upside momentum, while the RSI is at 63.40, suggesting buying pressure with potential for further gains before reaching overbought levels [3]. Investor Sentiment - Significant positions held by billionaire investors include Ken Fisher's Fisher Asset Management with approximately 3.89 million shares valued at $1.74 billion, Philippe Laffont's Coatue with over 710,000 shares worth $318 million, and Steve Cohen's Point72, which increased its stake by over 80% to hold over 612,000 shares valued at $274 million [4]. - These positions were established at lower price points and are being maintained as the stock strengthens [5]. Market Outlook - The combination of the Golden Cross and strong backing from influential investors suggests that the current breakout is based on solid fundamentals rather than speculation, with increasing demand for robotic-assisted surgery [6].