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Intuitive Surgical makes and maintains the da Vinci robotic device, an advanced surgical system that lets surgeons perform minimally invasive surgery.
Obamacare will hurt ISRG with the tax increase (2.3% on medical devices), but it helps out hospitals by boosting their bottom line as they have less uninsured patients. With hospitals having more money which they can use to buy expensive medical devices ($1.5 million each on average), an aging population, more surgeries being done every year, more people with health insurance (theoretically) in the USA and potential international growth for the da Vinci, ISRG is a buy.
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