Why Intuitive Surgical Stock Zoomed 23% Higher This Week

Shares of Intuitive Surgical (NASDAQ: ISRG) zoomed 23% higher this week, according to data from S&P Global Market Intelligence. The leader in robotic-assisted surgery released its Q3 earnings on Oct. 21, which beat investor expectations. Revenue growth accelerated, and the company has begun to repurchase heaps of its shares outstanding on the cheap. The stock is now up 124% in the last five years.Here's why shares of Intuitive Surgical rose this week, and whether you should add the stock to your portfolio right now.The more of its robotic surgery systems are placed in hospitals and medical clinics, the more money Intuitive Surgical makes. It sells the Da Vinci and Ion robotic systems that are used in increasing amounts of surgeries around the world. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool