INTUITIVE SURGICAL INC (NASDAQ:ISRG) – A Strong Growth Stock with a Technical Breakout Pattern

INTUITIVE SURGICAL INC (NASDAQ:ISRG) was identified by our screener as a strong growth stock with a favorable technical setup. The company combines solid fundamentals with a promising price pattern, making it worth a closer look.

Strong Growth Fundamentals

• Growth Rating (7/10): ISRG has demonstrated consistent growth, with revenue increasing by 19.08% over the past year and earnings per share (EPS) growing at an average annual rate of 11.48%. Future projections suggest continued expansion, with EPS expected to rise by 14.45% annually.
• Profitability Rating (8/10): The company maintains strong margins, including a 28.41% profit margin and a 67.09% gross margin, outperforming most peers in the Health Care Equipment & Supplies industry.
• Financial Health (8/10): ISRG has no debt, a current ratio of 4.98, and a quick ratio of 3.97, indicating strong liquidity and solvency.

Technical Breakout Potential

• Technical Rating (10/10): The stock is in a clear uptrend, with both short-term and long-term trends positive. It is trading near the upper end of its 52-week range, showing relative strength compared to 85% of stocks in the market.
• Bull Flag Pattern: ISRG is currently forming a bull flag, a continuation pattern that often precedes further upward movement. Reduced trading volume during the recent pullback adds to the bullish case.
• Support Levels: Key support zones are found at $556.23 and $534.24, providing potential stop-loss levels for traders.

Our Strong Growth Stocks with Good Technical Setup Ratings screener lists more stocks with similar characteristics and is updated daily.
For a deeper analysis, review the full fundamental report and technical report on ISRG.

Disclaimer

This is not investing advice! The article highlights observations at the time of writing, but you should always conduct your own research before making investment decisions.