10 Best Stocks That Will Always Grow

5. Intuitive Surgical, Inc. (NASDAQ:ISRG)

Number of Hedge Fund Holders: 95

Intuitive Surgical, Inc. (NASDAQ:ISRG) has an elaborate ecosystem of services and products that provides robotic-assisted surgical solutions and invasive care, ranking it fifth on our list of the stocks that will always grow. Its products include the Ion Endoluminal and the Da Vinci Surgical systems.

In a report released on April 15, Matt Miksic from Barclays maintained a Buy rating on Intuitive Surgical, Inc. (NASDAQ:ISRG) and set a price target of $684.00. In another report released on April 14, BTIG analyst Ryan Zimmerman also maintained a Buy rating on the company with a $560.00 price target of $560.00. Patrick Wood from Morgan Stanley also expressed bullish sentiments for the company, opining that growth in its general surgery segment is more diversified than expected, which presents an attractive entry point for investors in conjunction with the recent stock pullback and supports the buy rating.

Intuitive Surgical, Inc. (NASDAQ:ISRG) also recently announced the FDA approval of its fully wristed SP SureForm 45 stapler for use with its da Vinci SP surgical system. Intuitive Surgical, Inc. (NASDAQ:ISRG) thus holds a significant position in the surgical robotics market due to its continuous innovations. According to Grand View Research, the market is expected to grow at a compound annual growth rate of 9.5% until 2030. By then, the global market is anticipated to be worth around $7.4 billion, up from $4.3 billion last year, which is expected to fare well for the company.