There is only one alternative to ISRG in the robotic surgery market. It is TRXC (Tranenterix) that has the FDA approved Senhance robot. It will take a long time for any competitors other than ISRG and TRXC because the FDA will only approve surgical robots using the predominately similar to an already approved device criteria. ISRG revenue growth is from selling limited use (10 times?) instruments that then expire. Senhance instruments are "open source" and reusable. ISRG advantage is that they are on hospital supply lists so there is no long sales cycle. TRXC is now an under $5 stock so maybe I am violating ET rules, but market cap is $500 million because of buy out potential.
There's an Israeli company too, Mazor Robotics (MZOR). I've followed them since a member here told me about them. Its funny you bring this up actually, they JUST (yesterday) closed the deal with Medtronics. Medtronics bought them for $1.7B. https://www.therobotreport.com/medtronic-17b-mazor-robotics/ Maybe TRCX is a potential target. Thanks for the heads up.
Well there's the $30K... and then some. I guess the call doesn't count when the world is ending. I think we'd have seen this anyway fwiw. Guess we'll never know.
this is not consultation or advice. All Indicator lines used as dynamic support and resistance, that change reliance on the price and time. When the price reach and meet one of the indicator, the trend stop, and new trend begin. the system show the next price target at high probability(no 100%). ISRG: As long as the price above EMA(orange line) and above the Halfway indicator, the target will be the High target indicator(green line) and the trend is bullish.
this is not consultation or advice. All Indicator lines used as dynamic support and resistance, that change reliance on the price and time. When the price reach and meet one of the indicator, the trend stop, and new trend begin. the system show the next price target at high probability(no 100%). ISRG: As long as the price below EMA(orange line) the targt is Halfway indicator (blue line), As long as the price above Halfway indicator, there high probability that the price return to meet the High target indicator (green line). If the price break down the Halfway indicator, there high probability that the price will meet the Low target indicator (red line).