8 Most Promising Robotics Stocks According to Hedge Funds

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

Number of Hedge Fund Holders: 67

Intuitive Surgical, Inc. (NASDAQ:ISRG) is one of the most promising healthcare companies that is revolutionizing surgical robotics. The company developed its da Vinci System to assist with minimally invasive surgeries. The company’s da Vinci system has demonstrated positive outcomes across multiple procedures and clinical specialties and in the past three decades, it has performed 14 million procedures. Da Vinci captures a massive 57% of the global market with a key brand presence and competitive advantage.

Intuitive Surgical’s robots are continuously becoming popular for improving minimally invasive procedures. During the Q3 call, the company revealed that its procedure in DaVinci multi-port has a five-year compound annual growth rate (CAGR) of 17%, with nearly 10 million patients treated using DaVinci multi-port in the past five years. By the end of the third quarter of 2024, Intuitive Surgical, Inc. (NASDAQ:ISRG) had installed more than 9,000 systems, with the installed base growing by 14% year-over-year.

Intuitive Surgical, Inc. (NASDAQ:ISRG) seems to have a positive catalyst moving forward as it continues to expand its system installations across hospitals. For now, Intuitive Surgical does not have much competition and the company seems perfect with no debt and a solid $8.3 billion in cash and investments. At the same time, ISRG’s 10-year earnings compound annual growth rate (CAGR) is over 15%, showcasing healthy growth over a long period.