$288.66
1.02 (+0.35%)
Intuitive Surgical, Inc. (ISRG)
CAPS Rating:
Manufacturer of da Vinci Surgical System, an advanced surgical system that provides the surgeon with range of motion and fine tissue control, previously possible only with open surgery while also allowing the surgeon to work through small ports.
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With discretionary income being squeezed by high oil and food prices will people be willing to plunk down big bucks for cosmetic surgeries? I have to bet against it for the short term. If sales decrease by any significant % (15-20%) the shares will have to fall to a more reasonable valuation. March 2009 could see stock at $200. My only concern-- the wealthy are unaffected by rising costs and the poor don't understand the effects on their budget until after they have the procedure.
Since when are prostatectomies and hysterectomies cosmetic?
BUCKYBILLYou need to do some homework. This is far from a cosmetic surgery system. You owe it to yourself to read their company profile.
Would you mind explaining which types of robotic surgery are cosmetic, genius?
*THIS* is the top bear pitch? It has almost nothing to do with the stock. The only relevant word is "valuation". Not only does the author have no idea what the company does, but apparently neither do those who voted with a recommendation.
I'm not saying a reasonable bear pitch can or can't be made, but this isn't it.
I was about to comment on the