Intuitive Surgical had its Relative Strength (RS) Rating upgraded from 67 to 71 Friday — a welcome improvement, but still below the 80 or better score you prefer to see.
Can You Really Time The Stock Market?
IBD's proprietary rating tracks share price action with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the last 52 weeks stacks up against all the other stocks in our database.
Decades of market research reveals that the market's biggest winners tend to have an RS Rating of at least 80 as they launch their biggest price moves. See if Intuitive Surgical can continue to show renewed price strength and clear that threshold.
Intuitive Surgical is building a consolidation with a 616.00 entry. See if it can clear the breakout price in volume at least 40% higher than normal.
The company showed 21% EPS growth in its most recent report, while sales growth came in at 19%. The company is expected to report its latest numbers on or around Jul. 17.
Intuitive Surgical holds the No. 4 rank among its peers in the Medical-Systems/Equipment industry group. iRadimed is the No. 1-ranked stock within the group.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
RELATED:
IBD Stock Rating Upgrades: Rising Relative Strength
Why Should You Use IBD's Relative Strength Rating?
How Relative Strength Line Can Help You Judge A Stock
Ready To Grow Your Investing Skills? Join An IBD Meetup Group!
