One important metric to look for in a stock is an 80 or higher Relative Strength Rating. Intuitive Surgical cleared that benchmark Thursday, with a jump from 77 to 89 Thursday.
This exclusive rating from Investor's Business Daily measures share price action with a 1 (worst) to 99 (best) score. The score shows how a stock's price performance over the last 52 weeks holds up against all the other stocks in our database.
History reveals that the stocks that go on to make the biggest gains typically have an 80 or better RS Rating in the early stages of their moves.
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Intuitive Surgical is trying to complete a consolidation with a 616.00 entry. See if it can clear the breakout price in heavy volume.
In terms of top and bottom line numbers, the company has posted three quarters of rising earnings growth. Sales growth has also risen over the same time frame. The company is expected to release its next quarterly numbers on or around Apr. 22.
Intuitive Surgical holds 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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