Home > Finance and Stocks > A Buying Opportunity for a 3-Year Triple (ISRG)

A Buying Opportunity for a 3-Year Triple (ISRG)

A Buying Opportunity for a 3-Year Triple (ISRG).

 

I agree with the writer of this article.  ISRG is a great buy here after the panic selloff.  Even if prostate procedures slow the uptake potential in all the other surgical areas remains strong and intact.  As long as there is surgery there will always be strong demand for this incredible piece of equipment which has NO competitors at all.

Sellers are being short sighted and do not understand the story at all creating an opportunity for those who actually do understand. I’m adding to my position and will continue to do so as the valuation remains compelling as well as the story which has decades still to unfold.

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  1. Mic Capfun
    July 26, 2012 at 5:16 PM

    Interesting that nobody comments on valuation – or the fact that procedure growth has been slowing for years. Sure Intuitive is a great company. That doesn’t mean it is worth paying any amount for it. micro

    • beatstockmarket
      July 27, 2012 at 12:27 PM

      Procedure growth continues to expand at a healthy pace. See the most recent earnings report. As more installed units are deployed and additional usage in new procedures proc growth has only one place to go and that is up. The market was spooked by prostate slowing due to the watchful waiting that many patients now opt for. I expect prostate procedures to continue to slow with other procedures taking up the slack.

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