10-year

10-Year Anniversary Promotion (20% off)

Join GuruFocus Premium Membership Now for Only $279/Year

Once a decade discount

Save up to $500 on Global Membership.

Don't Miss It !

Free 7-day Trial
All Articles and Columns »

Baron Funds Comments on Intuitive Surgical Inc.

November 21, 2013 | About:
Holly LaFon

Intuitive Surgical, Inc. (ISRG), which sells the da Vinci robotic surgical systems, fell 25.7% in the quarter when results fell short of expectations as growth in procedures slowed and unit placements declined. Hospital admissions have been weak and negative publicity affected the amount of procedures performed. We reduced our position in the stock by half this year, but now believe the stock is oversold and too cheap.

From Ron Baron’s Baron Funds third quarter 2013 report.


Rating: 2.0/5 (3 votes)

Comments

kfh227
Kfh227 premium member - 1 year ago


Gikven it's potential growth (at first glance), sounds like something worth reading about.

Please leave your comment:


Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK