Thursday, November 17, 2011

Intuitive Surgical - ISRG - Barchart Chart of the Day

Barchart.coms Chart of the Day - Intuitive Surgical (ISRG)
Related Stocks
ISRG - Intuitive Surgical
Sym Last Chg Pct
ISRG 439.88 +1.42 +0.32%
The "Chart of the Day" is Intuitive Surgical (ISRG), which showed up on Tuesday's Barchart "All Time High" list. Intuitive Surgical on Tuesday rallied by 1.88% and posted a new all-time high of $449.00. TrendSpotter has been Long since Oct 11 at $385.35. In recent news on the stock, the company on Oct 29 announced a $500 million increase in its share repurchase authorization. The company on Oct 18 reported Q3 EPS of $3.05, above the consensus of $2.76. On Oct 19, Lazard Capital reiterated its Buy rating and raised its target to $475 from $442, and Collins Stewart reiterated its Buy rating and raised its target to $475 from $450. Intuitive Surgical, with a market cap of $17 billion, manufactures the da Vinci Surgical System, which translates the surgeon's natural hand movements on instrument controls at a console into corresponding micromovements of instruments positioned inside the patient through small puncture incisions.

isrg_700
How we found the Chart of the Day:
We found the "Chart of the Day" by scanning the Barchart "All Time High" list. In order to get to that list, we first clicked on the Stocks menu item on the Barchart home page, then on the "All Time Highs" menu item on the left menu bar. We then sorted the list by percentage gainers by clicking on the "Percent" column title. A stock that has posted a new All-Time high is typically showing strong upside momentum.
The status of Barchart's Opinion trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com web site when you read this report.
  • TrendSpotter: Buy
  • Short-Term Indicators: 100% Buy
  • Medium-Term Indicators: 100% Buy
  • Long-Term Indicators: 100% Buy
  • Overall Average 100% Buy


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