We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Is Intuitive Surgical (ISRG) Outperforming Other Medical Stocks This Year?
Read MoreHide Full Article
The Medical group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Intuitive Surgical (ISRG - Free Report) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? One simple way to answer this question is to take a look at the year-to-date performance of ISRG and the rest of the Medical group's stocks.
Intuitive Surgical is a member of the Medical sector. This group includes 845 individual stocks and currently holds a Zacks Sector Rank of #2. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.
The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. ISRG is currently sporting a Zacks Rank of #2 (Buy).
Over the past three months, the Zacks Consensus Estimate for ISRG's full-year earnings has moved 2.25% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Based on the most recent data, ISRG has returned 36.64% so far this year. In comparison, Medical companies have returned an average of 1.45%. As we can see, Intuitive Surgical is performing better than its sector in the calendar year.
Looking more specifically, ISRG belongs to the Medical - Instruments industry, which includes 94 individual stocks and currently sits at #78 in the Zacks Industry Rank. On average, stocks in this group have gained 13.79% this year, meaning that ISRG is performing better in terms of year-to-date returns.
Going forward, investors interested in Medical stocks should continue to pay close attention to ISRG as it looks to continue its solid performance.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Is Intuitive Surgical (ISRG) Outperforming Other Medical Stocks This Year?
The Medical group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Intuitive Surgical (ISRG - Free Report) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? One simple way to answer this question is to take a look at the year-to-date performance of ISRG and the rest of the Medical group's stocks.
Intuitive Surgical is a member of the Medical sector. This group includes 845 individual stocks and currently holds a Zacks Sector Rank of #2. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.
The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. ISRG is currently sporting a Zacks Rank of #2 (Buy).
Over the past three months, the Zacks Consensus Estimate for ISRG's full-year earnings has moved 2.25% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Based on the most recent data, ISRG has returned 36.64% so far this year. In comparison, Medical companies have returned an average of 1.45%. As we can see, Intuitive Surgical is performing better than its sector in the calendar year.
Looking more specifically, ISRG belongs to the Medical - Instruments industry, which includes 94 individual stocks and currently sits at #78 in the Zacks Industry Rank. On average, stocks in this group have gained 13.79% this year, meaning that ISRG is performing better in terms of year-to-date returns.
Going forward, investors interested in Medical stocks should continue to pay close attention to ISRG as it looks to continue its solid performance.