The Long-Term Trend That Makes Intuitive Surgical an Awesome Buy

The Long-Term Trend That Makes Intuitive Surgical an Awesome Buy

This year is turning out to be one of the best ever for Intuitive Surgical (NASDAQ: ISRG). Shares of the robotic surgical systems maker are up more than 60% so far in 2017. There hasn't been one big catalyst for Intuitive Surgical. Instead, the stock has steadily risen throughout the past nine months.

Its momentum could just be getting cranked up. There's a long-term trend that definitely works in Intuitive Surgical's favor: Americans are aging. For that matter, so are the populations of many industrialized countries. Here's why this trend makes Intuitive Surgical stock an awesome buy.

Image source: Intuitive Surgical.

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Source: Fool.com