Intuitive Surgical (ISRG) Rises 5% Post Earnings: What's Next?
Intuitive(ISRG) ZACKS·2024-08-06 20:56
Shares of Intuitive Surgical (ISRG) have risen 5.3% following its earnings release on Jul 18, outperforming the Zacks Medical - Instruments industry’s growth of 2% and the broader Zacks Medical sector’s return of 1.6%. ISRG has shown a strong uptrend year to date, with the stock gaining nearly 30% in that period, primarily driven by robust procedure demand.However, the uptrend seems to have lost its momentum after giving attractive returns in the first seven months of the year. However, improving da Vinci p ...