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Fisher, Cohen & Laffont's Robotics Pick Just Triggered A Golden Cross
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].
CVS Stock Flashes Golden Cross As Weight Loss Program Delivers Big Results
Benzinga· 2025-03-17 18:19
Core Viewpoint - CVS Health Corp. is exhibiting a bullish trend as it completes a Golden Cross, indicating potential for further stock price increases [1][3]. Technical Analysis - The 50-day simple moving average (SMA) has risen above the 200-day SMA, reinforcing a positive outlook for CVS stock [4]. - CVS stock has increased over 51% year to date and continues to trade above key moving averages, suggesting sustained buying pressure [1][3]. - The Moving Average Convergence/Divergence (MACD) indicator is at 2.01, remaining in bullish territory, which signals strong upward momentum [4]. - The Relative Strength Index (RSI) is at 62.46, nearing overbought territory, indicating a strong trend but potential for short-term volatility [4]. Fundamental Analysis - CVS's Weight Management program has achieved an average weight loss of 15% among participants while reducing weight-loss drug costs by 26% [2]. - The program has been implemented for 3.5 million members, integrating GLP-1 medications with personalized nutrition plans [2].