2 Reasons Intuitive Surgical, Inc. Stock Could Fall
Intuitive Surgical (NASDAQ: ISRG) is the epitome of a disruptive innovator. The robotic surgery pioneer changed the way hundreds of thousands of surgical procedures are performed every year, likely improving countless lives in the process.
Its technology is world-class, and its razor-and-blades business model is a thing of beauty. In 2016, more than 70% of Intuitive's revenue was of the recurring variety, derived from the sale of instruments and accessories used by the surgeons conducting operations with its robotic systems, as well as maintenance on the systems themselves. This, in turn, has led to a predictable and steadily growing stream of high-margin revenue, which Intuitive uses to fund its research and development program and further fuel its growth.
Put all this together and you have a formula for market-crushing returns. Intuitive has delivered just that, with its stock rising an incredible 5,400% since its IPO on June 23, 2000.
Source: Fool.com
Alphabet Inc. A Stock
The stock is an absolute favorite of our community with 92 Buy predictions and no Sell predictions.
As a result the target price of 177 € shows a slightly positive potential of 15.07% compared to the current price of 153.82 € for Alphabet Inc. A.
