10 AI News And Ratings on Wall Street’s Radar

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1. Intuitive Surgical Inc. (NASDAQ:ISRG)

Number of Hedge Fund Holders: 82 

Intuitive Surgical Inc. (NASDAQ:ISRG) is a healthcare firm that designs, builds, and markets robotic-assisted surgical systems. The company is using AI to refine its robotic systems, like the popular da Vinci Surgical System, to help surgeons perform minimally invasive surgeries more effectively for better patient outcomes. Intuitive Surgical Inc. (NASDAQ:ISRG) is also using real-time AI to assist clinicians in predicting patients’ risk of having surgical complications.

On January 24th, Truist analyst Richard Newitter increased Intuitive Surgical Inc.’s (NASDAQ:ISRG) stock target price to $666 from $640 while retaining its “Buy“ rating. The brokerage stated that the company delivered a massive Q4 earnings beat, and its FY25 guidance could prove “conservative” as the launch of da Vinci 5 systems is “just getting going”. Analysts added that its expectations for 13% revenue growth and 9% EPS growth are starting points, which should leave room for more upside.

While we acknowledge the potential of Intuitive Surgical Inc. (NASDAQ:ISRG) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than ISRG but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 20 Best AI Stock To Buy Now and Complete List of All AI Companies Under $2 Billion Market Cap.

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