10 High-Valuation Stocks to Buy According to Billionaires

5. Intuitive Surgical Inc. (NASDAQ:ISRG)

Forward P/E: 62.1

Number of Billionaire Investors: 18

Number of Hedge Fund Holders: 95

Intuitive Surgical Inc. (NASDAQ:ISRG) is a pioneer in robotic-assisted surgery, best known for its da Vinci Surgical System. The company’s advanced robotics enable minimally invasive procedures, improving surgical precision and patient outcomes. Intuitive Surgical has a strong global presence, with its technology widely adopted in hospitals and surgical centers.

In a March 20 report, Wells Fargo analyst Larry Biegelsen reiterated a Buy rating on Intuitive Surgical Inc. (NASDAQ:ISRG) with a $687 price target. His bullish stance was driven by the company’s recent FDA 510(k) clearance for its SP stapler, which is expected to boost adoption of the SP platform in the U.S. This approval is particularly significant for thoracic and colorectal procedures, where Intuitive Surgical anticipates increased commercial activity.

The analyst further notes that management views the SP stapler as essential for optimizing these surgeries, which could accelerate the platform’s broader adoption. A limited launch is planned in the coming months, signalling a strategic effort to expand its market presence. All these factors supported a positive outlook for the company and the Buy rating from the analyst.