If you are wondering whether Intuitive Surgical’s current share price still reflects good value, you are not alone. This is especially relevant given how closely watched this stock is in the medical devices space.
The shares last closed at US$527.44, with returns of a 6.1% decline over 7 days, a 7.9% decline over 30 days, a 6.1% decline year to date, a 12.7% decline over 1 year, and gains of 104.5% over 3 years and 105.6% over 5 years.
Recent market attention on Intuitive Surgical has been shaped by ongoing coverage of its role in robotic assisted surgery and by how investors weigh expectations for future procedure volumes against current pricing of the stock. News around broader interest in medical technology names and the competitive…
