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Sunnyvale, California-based Intuitive Surgical, Inc. (ISRG) develops, manufactures, and markets products that enable physicians and healthcare providers to enhance the quality of and access to minimally invasive care. Valued at $172.6 billion by market cap, the company offers endoscopes, endoscopic retractors and dissectors, scissors, scalpels, forceps, needle holders, electrocautery, ultrasonic cutters, and accessories during surgical procedures.
Shares of this global technology leader in robotic-assisted minimally invasive surgery have outperformed the broader market considerably over the past year. ISRG has gained 67.6% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 27%. In 2024, ISRG stock is up 44.2%, surpassing SPX’s 18.1% rise on a YTD basis.