We recently published a list of Jim Cramer’s Latest Stock Portfolio: Top 10 Recommendations. Since Intuitive Surgical Inc (NASDAQ:ISRG) ranks 2nd on the list, it deserves a deeper look. Jim Cramer in a latest program talked about the concept of “suitability” of stocks in investing, which emphasizes the importance of picking individual stocks based on your […]
Intuitive Surgical (ISRG) is making strides in the robotic-assisted surgery market with its existing and new launches. However, macro challenges are likely to continue to hurt its performance.
There are multiple signs that robots are already being used on a very wide scale and will soon proliferate throughout society. For example, Tesla (NASDAQ:TSLA) recently reported that it had begun successfully using two of its humanoid, artificial intelligence-powered autonomous robots in one of its factories. Moreover, Tesla CEO Elon Musk stated that robots could one day generate more revenue than automobiles. And as of June 2023, Amazon (NASDAQ:AMZN) was utilizing 750,000 robots in its warehous