Intuitive Surgical debuts new robotic surgery machine
As the Da Vinci Xi picks up speed, will this be a game-changer for the stock?
Not only is this next generation machine easier for surgeons to use, Simon also sees the da Vinci Xi as having a flexibility of motion that allows the machine to be capable of a wider range of general surgery procedures. Previously Intuitive's machines were somewhat limited on what they could handle; this new wider range of applications is what Simon sees as the game-changer.
But is the stock a buy at these prices? Simon still thinks so. Here he discusses what he loves about the company's management and its revenues, and why he continues to see it as a buy today.
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An interest rate tease in The Wall Street Journal sends the market into an optimistic tizzy -- but one that doesn't end quite at the top.
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