Intuitive Surgical: Dominant Robotic Platform, Attractive Entry for Patient Long-Term Growth
Intuitive Surgical remains the leader in robotic-assisted surgery after another year of double-digit procedure growth and a growing installed base. The stock trades at a premium - ~61x earnings - but recent deceleration guidance creates a tactical entry opportunity. We recommend a long trade with an entry at $495, a stop at $460 and a target of $57…