30 Most Important AI Stocks According to BlackRock

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

Number of Hedge Fund Holders: 67   

Intuitive Surgical, Inc. (NASDAQ:ISRG) develops, manufactures, and markets products that enable physicians and healthcare providers to enhance the quality of and access to minimally invasive care. In addition to the use of AI in robotics, the firm is also exploring the use of AI to develop a machine learning tool that will make use of real-time artificial intelligence to help predict risks related to surgical complications. The fifth generation of the da Vinci robot, the premier robotic surgery tools marketed by the firm, incorporates AI into the platform that will enable the overall package to evolve over time with software updates. It has 10,000x compute power compared to the previous iteration.

Intuitive Surgical, Inc. (NASDAQ:ISRG) is one of the favorite healthcare stocks on Wall Street. Citi analyst Joanne Wuensch recently raised the price target on the stock to $560 from $512 and kept a Buy rating, noting that Q2 was another wild ride for the medical technology sector. The advisory underlined that the earnings prints brought several eye-opening and frankly shocking deliveries, changes to guidance, and stock price reactions.

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