Source: Shutterstock Intuitive Surgical, Inc. ( NASDAQ:ISRG ) led the NASDAQGS gainers with a relatively large price hike in the past couple of weeks. With many analysts covering the large-cap stock, we may expect any price-sensitive announcements have already been factored into the stock’s share price. However, could the stock still be trading at a relatively cheap price? Today I will analyse the most recent data on Intuitive Surgical’s outlook and valuation to see if the opportunity still exists. Is Intuitive Surgical Still Cheap? The stock is currently trading at US$244 on the share market, which means it is overvalued by 33% compared to my intrinsic value of $183.47. Not the best news for investors looking to buy! If you like the stock, you may want to keep an eye out for a potential price decline in the future. Since Intuitive Surgical’s share price is quite volatile, this could mean it can sink lower (or rise even further) in the future, giving us another chance to invest. This is based on its high beta, which is a good indicator for how much the stock moves relative to the rest of the market. What kind of growth will Intuitive Surgical […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
