This Robotics Growth Stock Could Turn $1,000 Into $4,000 by 2029 [The Motley Fool]
Intuitive Surgical, Inc. (ISRG)
Last intuitive surgical, inc. earnings: 4/16 04:05 pm
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Source: The Motley Fool
You've probably heard that robots are the future for everything from manufacturing to retail distribution. But have you ever considered that they might be lucrative investments in the present?Intuitive Surgical(NASDAQ:ISRGImage source: Getty Images.Big growth is more than feasibleOverall, Intuitive Surgical is primed to experience consistent and significant growth because of how it makes its income.In case you aren't familiar, its main product is the da Vinci line of robotic surgical suites, which surgeons control from a station in the operating room. It also sells maintenance contracts and an ever-increasing selection of robotic surgical tools to use in conjunction with its da Vinci units. In total, these three product categories made the company $.6 billion in trailing revenue, 77% of which is recurring.?For investors seekinggrowth stocksThe most obvious is sales of its surgical suites, but that's just the start. Once a hospital has purchased a da Vinci unit and trained its surgeons
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ISRG
News
- Intuitive Surgical (ISRG) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates [Yahoo! Finance]Yahoo! Finance
- Intuitive Surgical, Inc. (ISRG) Q1 Earnings and Revenues Top Estimates [Yahoo! Finance]Yahoo! Finance
- Medical device maker Intuitive beats estimates on strong demand for surgical robots [Reuters]Reuters
- Intuitive Announces First Quarter Earnings [Yahoo! Finance]Yahoo! Finance
- Intuitive Announces First Quarter EarningsGlobeNewswire
ISRG
Earnings
- 4/18/24 - Beat
ISRG
Sec Filings
- 4/18/24 - Form 8-K
- 3/18/24 - Form 4
- 3/15/24 - Form 144
- ISRG's page on the SEC website