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Chasing Value: What's wrong with Intuitive Surgical? |
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| Jul 27, 2009 03:30 PM UTC |
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Via BloggingStocks:
Filed under: Berkshire Hathaway (BRK.A), Chasing Value, Stocks to Buy, Intuitive Surgical Inc (ISRG), Technology, Best Stocks for 2009  Another earnings report, another blowout quarter for Intuitive Surgical Inc. (NASDAQ: ISRG), the maker of the da Vinci robotic surgical system. Intuitive Surgical reported last Wednesday and the stock jumped Thursday and Friday on the news while analysts were busy revising their projections for future earnings and upgrading their recommendations and price projections (see: Chasing Value: The amazing Intuitive Surgical).I have been one of Intuitive's biggest cheerleaders for years and like everyone else was encouraged to find the company still growing successfully on all fronts. Given my favorable opinion of the company, and the stock, I took a look at where it stood after the run-up (closing Friday at $222.53) to see whether there might be any value left, or if the frenetic buying had exhausted the possibility. Continue reading Chasing Value: What's wrong with Intuitive Surgical? Chasing Value: What's wrong with Intuitive Surgical? originally appeared on BloggingStocks on Mon, 27 Jul 2009 10:30:00 EST. Please see our terms for use of feeds. Permalink | Email this | Comments
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