#ISRG -the "A" grade stock i'm watching for 15 years...
While the Nasdaq puked 1.9% yesterday and AI stocks shed $500B in value, Intuitive Surgical (ISRG) quietly held the after earnings gap and is eyeing new highs. This is what institutional buying looks like when conviction meets opportunity.
The Setup:
Crushed Q3 earnings Oct 21: $2.40 EPS vs $1.99 est (20% beat)
Revenue: $2.51B vs $2.41B expected
Gapped up and HELD for two weeks
83.64% institutional ownership - the smart money is loaded
Yesterday's Action:
Market environment: Tech bloodbath, fear everywhere
ISRG response: Breakout to $548
This is textbook relative strength. When a stock refuses to go down with its sector and instead breaks out, institutions are telling you something.
The Fundamental Story:
20% global procedure growth (da Vinci robots)
da Vinci 5 adoption accelerating beyond expectations
100,000+ procedures completed on new platform
No real competition in robotic surgery!!
The Trade I 'Missed':
I was busy. Away from the desk. Classic. The best setups always happen when you're not watching. But that's exactly what makes this worth sharing - if you're looking at healthcare/medtech and wondering what has real institutional support, this is your answer.
Current Price: $560
ATH: $616 (Jan 2025)
When institutions own 83.64% of a stock and it breaks out during a sector-wide selloff, they're not done buying. They're just getting started.
Not financial advice. Just what I'm watching, now getting in will be tricky, but this one is surely worth the watch.
What are you seeing in medtech/robotics? Drop your tickers below.
#ISRG #IntuitiveSurgical #MedTech #HealthcareStocks #RoboticSurgery #RelativeStrength #InstitutionalBuying #StockBreakout #TradingView #StockMarket #Medtech #DaVinci #HealthTech #MarketAnalysis #StockTrading
While the Nasdaq puked 1.9% yesterday and AI stocks shed $500B in value, Intuitive Surgical (ISRG) quietly held the after earnings gap and is eyeing new highs. This is what institutional buying looks like when conviction meets opportunity.
The Setup:
Crushed Q3 earnings Oct 21: $2.40 EPS vs $1.99 est (20% beat)
Revenue: $2.51B vs $2.41B expected
Gapped up and HELD for two weeks
83.64% institutional ownership - the smart money is loaded
Yesterday's Action:
Market environment: Tech bloodbath, fear everywhere
ISRG response: Breakout to $548
This is textbook relative strength. When a stock refuses to go down with its sector and instead breaks out, institutions are telling you something.
The Fundamental Story:
20% global procedure growth (da Vinci robots)
da Vinci 5 adoption accelerating beyond expectations
100,000+ procedures completed on new platform
No real competition in robotic surgery!!
The Trade I 'Missed':
I was busy. Away from the desk. Classic. The best setups always happen when you're not watching. But that's exactly what makes this worth sharing - if you're looking at healthcare/medtech and wondering what has real institutional support, this is your answer.
Current Price: $560
ATH: $616 (Jan 2025)
When institutions own 83.64% of a stock and it breaks out during a sector-wide selloff, they're not done buying. They're just getting started.
Not financial advice. Just what I'm watching, now getting in will be tricky, but this one is surely worth the watch.
What are you seeing in medtech/robotics? Drop your tickers below.
#ISRG #IntuitiveSurgical #MedTech #HealthcareStocks #RoboticSurgery #RelativeStrength #InstitutionalBuying #StockBreakout #TradingView #StockMarket #Medtech #DaVinci #HealthTech #MarketAnalysis #StockTrading
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.