This healthcare stock has huge upside potential
AAre you looking for solid stocks with huge upside potential over the next few years and beyond? In this segment of Backstage pass, recorded on January 12Fool contributor Rachel Warren discusses one of her favorite healthcare stocks that looks set to win big for investors over the next five to 10 years.
10 actions we prefer to Intuitive Surgical
When our award-winning team of analysts have stock advice, it can pay to listen. After all, the newsletter they’ve been putting out for over a decade, Motley Fool Equity Advisortripled the market.*
They just revealed what they think are the ten best stocks investors can buy right now…and Intuitive Surgical wasn’t one of them! That’s right – they think these 10 stocks are even better buys.
View all 10 stocks
* Portfolio Advisor Returns as of January 10, 2022
Rachel Warren: I will name mine. It’s actually a company we were talking about in the previous hour that I think has the potential to appreciate the stock price by 100% or more over the next 12 months.
It would be Intuitive surgery (NASDAQ: ISRG). It’s a company that, if you don’t know it, is the leader in the field of surgical robotics.
In the spring of 2021, Intuitive Surgical captured approximately 80% of this entire multi-billion dollar market. It has this huge market share that it has maintained for quite a long time.
Some companies are entering this space, but none of them yet, and in the many years of the company’s business, have even been able to touch Intuitive Surgical’s market share.
Its main product is its da Vinci Surgical System which is used in a wide range of minimally invasive surgeries and one of the benefits of stocks or a company like this making it a product, minimally invasive surgery using surgical robotics.
There is often a shorter recovery time, less discomfort for patients, and more healthcare providers are adopting these products as a way to both optimize patient recovery and have more precise and safer surgical procedures.
Interesting stock to look at. It only increased by about 20% compared to last year. It has a very long and storied history of growth, so a must watch.
Rachel Warren has no position in the stocks mentioned. The Motley Fool owns and recommends Intuitive Surgical. The Motley Fool recommends the following options: January 2022 long calls at $193.33 on Intuitive Surgical and January 2022 short calls at $200 on Intuitive Surgical. The Motley Fool has a disclosure policy.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.