Intuitive Surgical Stock Is Primed for a Rebound. Here's Why
With its shares down by more than 33% in the past 12 months, Intuitive Surgical (NASDAQ: ISRG) has been hammered by the brutal bear market. Despite rising revenue and earnings over the last three years, the robotic surgery company's margins are still below their pre-pandemic level, and the market's sour sentiment toward growth stocks certainly isn't helping to boost its share price. In fact, Intuitive's valuation might well be approaching a point where investors will start to pile into the stock once again, assuming that they believe more growth is still on the way.