Intuitive Surgical (NASDAQ:ISRG) makes the da Vinci robotic surgery system, which is the leading product in the up and coming field of robotic surgery. The success of this product has sent shares soaring over 2,000 percent since 2000. However, more recently, the stock has weakened. After peaking at nearly $600/share in 2012, the stock started to correct, and it breached the $400/share level before recovering somewhat to the $435/share level today.
The correction is due to several concerns. First, the company’s da Vinci system is very expensive, and hospitals and healthcare providers are reluctant to invest in expensive medical devices as they prepare for the Affordable Health Care Act. Second, there are concerns that the company’s da Vinci sy...
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