Intuitive Surgical (ISRG) Hits 52-Week High on Procedure Demand

Shares of Intuitive Surgical (ISRG) scaled a new 52-week high of $408.39 on May 22, 2024, before closing the session at $400.90.This Zacks Rank #3 (Hold) company’s shares have risen 18.8% year to date compared with 8.9% growth of the industry. The S&P 500 composite rose 12.1% during the same time frame.Over the past five years, the company’s earnings increased at a CAGR of 6.5% compared with the industry’s 9.9% growth. The company’s long-term growth rate of 16.1% compares with the industry’s 22.5%. Intuitiv ...