Should You Buy Intuitive Surgical in March?
Every 30 seconds, a surgeon uses Intuitive Surgical's (NASDAQ: ISRG) flagship system to perform surgery on a patient. If you've had a common procedure such as hernia surgery in recent years, you may have been one of those patients. Surgeons worldwide use the company's Da Vinci robotic system for general surgery, gynecology, urology, and other specialties.
Over time, Intuitive Surgical has expanded its reach into hospitals, and revenue and profit have benefited. Stock performance has reflected the company's leadership position. It's climbed gradually -- and last year, the stock reached an all-time high. Since then, though, the shares have taken a break, slipping about 14% so far this year.
Now we might ask ourselves: Are the big gains over? Or is this a buying opportunity? Let's find out.
Source Fool.com
