Buy the Dip: Intuitive Surgical After the January Pullback
Intuitive Surgical (ISRG) has been knocked down by a January rotation that punished growth multiples despite a clean quarter: Q4 revenue of $2.9B (+19%), procedure growth near 18%, and a recurring revenue base that now represents roughly 75% of sales. Technicals are deeply oversold (RSI ~20) and short interest is moderate, creating a tactical swing…