Can Intuitive Surgical's Moat Get Even Wider?
As the world's leader in robotic surgical technology, Intuitive Surgical (NASDAQ: ISRG) is a sophisticated competitor in a high-tech and rapidly evolving field. It's also strongly profitable, steadily growing, nearly debt-free, and a great growth stock with shareholders winning returns of more than 163% in the last five years. Much of this success is thanks to its widening moats, which protect its business from competitors.
But are Intuitive's moats capable of becoming even more powerful, given that they're already quite effective at retaining and aiding with the procurement of customers? In my view, yes, and it's actually very simple.
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Source Fool.com
