Robots Power Profits at Intuitive Surgical
Intuitive Surgical (NASDAQ: ISRG) recently provided investors with its third-quarter financial report card, and the company delivered high marks for system placements and sales and procedure growth. Net income increased, too. But there are a few caveats investors should know about. Is this robotic surgery stock still a buy?
Surgeons are already commonly using Intuitive Surgical's da Vinci system to assist them during urological procedures, and increasingly, they're using the system to help them perform general surgery, including colorectal and hernia procedures.
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Source: Fool.com