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Investors Business Daily
Investors Business Daily
Business
INVESTOR'S BUSINESS DAILY and JULIE MAK

Intuitive Surgical Stock Hits 80-Plus Relative Strength Rating Benchmark

When looking for the best stocks to buy and watch, focus on those with rising relative price strength.

One stock that fits that bill is Intuitive Surgical stock, which had its Relative Strength (RS) Rating upgraded from 73 to 81 Monday.

As you try to find the best stocks to buy and watch, be sure to pay attention to relative price strength.

IBD's proprietary rating identifies market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price performance over the last 52 weeks stacks up against all the other stocks in our database.

Decades of market research reveals that the best stocks typically have an 80 or better RS Rating in the early stages of their moves.

See How IBD Helps You Make More Money In Stocks

Is Intuitive Surgical Stock A Buy?

Intuitive Surgical stock is in the early stages of building a flat base with a 285.19 buy point. See if it can break out in heavy trading. Read "Looking For The Next Big Stock Market Winners? Start With These 3 Steps" for more tips.

 

The surgical device maker saw both earnings and sales growth rise last quarter. Earnings-per-share increased from -12% to 0%. Revenue rose from 4% to 11%. The next quarterly numbers are expected on or around Jan. 24.

Intuitive Surgical stock holds the No. 11 rank among its peers in the Medical-Systems/Equipment industry group. IDEXX Laboratories and Masimo are also among the group's highest-rated stocks.

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