We recently published 9 Stocks Jim Cramer Discussed As He Commented On Big Tech. Intuitive Surgical, Inc. (NASDAQ:ISRG) is one of the stocks Jim Cramer recently discussed.
Intuitive Surgical, Inc. (NASDAQ:ISRG) is a market leader in the hot global medical robotics industry. Its shares have lost 5.5% year-to-date primarily due to weaker margin forecasts, the firm’s warning that US trade tensions could lower global sales of its Da Vinci medical robots, and bearish analyst sentiments. Cramer’s previous remarks about Intuitive Surgical, Inc. (NASDAQ:ISRG) have expressed optimism about the firm and its business prospects. He believes that the company has a global presence and continues to expand its product expertise by adding more procedures. This time, he continued to have faith in Intuitive Surgical, Inc. (NASDAQ:ISRG):
“ISRG I really like Intuitive.”
Cramer discussed Intuitive Surgical, Inc. (NASDAQ:ISRG) in detail in April. Here’s what he said:
“Eighth best performer of the Mad Money era is Intuitive Surgical, ISRG, the creator of the minimally invasive Da Vinci Robotic Surgical System. This is another name that we found early on. I first interviewed someone from the company back in July of 2005 when the stock was trading at a split-adjusted price of $5 and change.
Copyright: nimon / 123RF Stock Photo
Since then, we’ve watched this Intuitive Robotic Surgical system… spread across the globe, constantly improving along the way and adding more types of procedures that it could do. The company’s now [a] $184 billion behemoth, and this stock has given you more than 10,000% gain since the show got started. I think this is as relevant as ever. Company just reported an excellent set of numbers last Tuesday. I’m proud to be a huge supporter of this.”
While we acknowledge the potential of ISRG as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.
