Intuitive Surgical Making A Recovery
Decelerating sales and earnings growth on Jan. 23 led to a slide in Intuitive Surgical. The surgical robotics maker took a 10% breather and is right back to new high territory. While there has been a deceleration what is notable is how stable the earnings are stability factor of 3 (lower is better). Not just the systems making up revenue base, 52% of it comes from instruments and accessories. As more procedures are done using the DaVinci system, those one-time tools will bring more to the top line as well.