Intuitive Surgical had its Relative Strength (RS) Rating upgraded from 68 to 79 Friday — a welcome improvement, but still below the 80 or better score you look for.
Can You Really Time The Stock Market?
IBD's proprietary RS Rating measures market leadership by using a 1 (worst) to 99 (best) score that shows how a stock's price performance over the trailing 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history reveals that the best stocks typically have an RS Rating of above 80 as they launch their largest climbs. See if Intuitive Surgical can continue to rebound and hit that benchmark.
Intuitive Surgical is trying to complete a consolidation with a 616.00 buy point. See if the stock can break out in heavy volume.
The company reported 21% EPS growth in the latest quarterly report. Sales gains came in at 19%.
The company earns the No. 1 rank among its peers in the Medical-Systems/Equipment industry group. iRadimed and Masimo are also among the group's highest-rated stocks.
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.
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