FUNDAMENTALS, INVESTING, STOCKS, TECHNICALS

Table Time for Intuitive Surgical. A Neat Bargain or a Box of Bolts?

April 24, 2019. Teledoc brings the doctor to you. Intuitive Surgical made the doctor consistently precise, and metallic. ISRG went on sale last week and this, following a Q1 report badly received. Top and bottom line misses made fans cranky, while coming adds to cap-ex spending created restless departures. Such happens to even the best.
Growth stocks come and go, and slow along that path. Look at Apple. ISRG’s assuredly on that path. But where? They’re still innovating, and selling. Handfuls of ISRG fans hit the door even before bothering to understand, or so it seems. That happens too. Good.
Prices plunge when holders run. 7% on Monday. Buyers come in when that’s overdone. Up 1.91% yesterday–Tuesday. We think there’s more to come. Tuesday’s buyers will not be the last. We paid for the office visit. $495.61 a share. But will the surgeon be in for us? Here’s the quick chart of Intuitive’s heart. ISRG.

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