April 24, 2023 | Daily JAM, ISRG, Long Term, Stock Alerts, Top 50 Stocks |
Last week Intuitive Surgical (ISRG) surprised everybody, including, apparently, management. Intuitive Surgical’s first-quarter revenue grew 14% year-over-year to $1.7 billion. (Wall Street was expecting $1.6 billion.) Surgical procedures performed using the company’s da Vinci system, rose 26% year-over-year, well above expectations for 15% growth. And the company raised guidance for global procedure growth to 18% to 21% from the prior guidance of 12% to 16%.
April 28, 2021 | Daily JAM, ISRG, Jubak Picks, Top 50 Stocks |
Today, April 28, I’m selling Intuitive Surgical out of my Jubak Picks Portfolio with a 9.39% gain since February 15. I think the shares are fully valued here (or perhaps over-valued if there is such a thing anymore in this market) and I’d like to have some more cash just in case”something” creates a little volatility in the financial markets.
April 21, 2021 | Daily JAM, ISRG, Jubak Picks, Stock Alerts, Top 50 Stocks |
Yesterday, April 20, after the market close Intuitive Surgical (ISRG) reported first quarter GAAP earnings of $3.51 a share, $1.47 a share above Wall Street estimates. Non-GAAP earnings of $3.52 were 89 cents a share above analyst expectations. Revenue for the quarter climbed to $1.3 billion, up 18% from the first quarter of 2020. In 2020 sales of the company’s robotic surgery systems, dropped to $4.4 billion from $4.5 billion in 2019 as hospitals halted elective surgeries during the pandemic. I added the shares to my Jubak Picks Portfolio on February 15, 2021 on expectations with in a post-vaccine global economy sales of its da Vinci Surgical Systems would rebound strongly. In the first quarter the company shipped 298 de Vinci systems versus 237 in the first quarter of 2020. As of 3:45 p.m. New York time today, Intuitive Surgical share were up 9.50% to $888.10. That exceeds my target of $860 a share and I’ll be looking to sell the shares sometime in the next couple of weeks after I’ve received the full benefit from a positive earnings season for BIG TECH stocks.
February 26, 2021 | CRM, CTVA, Daily JAM, ILMN, ISRG, Jubak Picks, PANW, Top 50 Stocks, VMW, Volatility, WST, You Might Have Missed |
On to Stage #2 in my Special Report: “Profit and Protect–What you need to know about stock market stages for 2021. And to my rules for the sells and hedges in Stage #2 for 2021: When you win, you lose. (I just posted sells for ILMN, CTVA, WST and VMW)
February 16, 2021 | Daily JAM, ISRG, Jubak Picks, Millennial, Stock Alerts, Top 50 Stocks |
In my first 10 (actually to be 11 since I’ve got another pick up my sleeve) picks for my new Millennial Portfolio (for investors who have more time than money) I’ve been on the hunt for shares of companies with long, long revenue and earnings growth runways ahead of them, with short-term catalysts that might produce enough of a gain in the near term to keep investors on board for the long run, and some bad news in the present that been negative enough to take a bite of the stock price. Today, February 15, I’m adding Intuitive Surgical to my Millennial Portfolio and to my Jubak Picks Portfolio
June 19, 2020 | Daily JAM, ISRG, Top 50 Stocks |
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...
September 16, 2019 | CSCO, Daily JAM, GLW, ISRG, PANW, Special Reports |
(A word of apology. I hadn't realized that I had written about this Special Report but never posted it until several readers brought it to my attention last week. My initial reaction was "Impossible! Of course I'd posted it." But checking showed I hadn't. It took...
January 28, 2019 | Daily JAM, ISRG, Stock Alerts |
Tomorrow, January 30, I will add Intuitive Surgical (ISRG), one of my 10 Best Buys for After the Bear and an artificial intelligence pick from my Next 3 Big Things Special Report, to my long-term 50 Stocks Portfolio. The company recently reported fourth quarter...
