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

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 chart pattern, making it worth a closer look for investors seeking growth opportunities.

Fundamental Strengths

• Growth: ISRG has demonstrated strong revenue and earnings growth, with revenue increasing by 19.08% over the past year and EPS growing by 27.76%. Future estimates suggest continued growth, with EPS expected to rise by 14.45% annually.
• Profitability: The company boasts high 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: With no debt and strong liquidity metrics (Current Ratio of 4.98, Quick Ratio of 3.97), ISRG is in excellent financial shape.
• Valuation: While the P/E ratio is elevated at 69.13, it is justified by the company’s growth prospects and profitability.

Technical Setup

• Consolidation & Breakout Potential: ISRG has been trading in a range between $500 and $550 recently, showing reduced volatility. A breakout above resistance near $530-$544 could signal further upside.
• Support Levels: Strong support exists around $525, providing a potential stop-loss level for traders.
• Relative Strength: The stock has outperformed 69% of its industry peers over the past year, indicating relative strength.

For a deeper dive into the fundamentals, check the full fundamental analysis report. The technical analysis report provides additional insights into the stock’s chart patterns.

Our Strong Growth Stocks with Good Technical Setup screener lists more stocks with similar characteristics and is updated daily.

Disclaimer

This is not investment advice. The observations here are based on current data, but market conditions can change. Always conduct your own research before making investment decisions.