Jim Cramer Discussed These 18 Stocks As Inflation Dropped

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

Number of Hedge Fund Holders In Q3 2024: 82

Intuitive Surgical, Inc. (NASDAQ:ISRG) is one of the few companies in the world capable of designing and selling robots that assist doctors during surgeries. The firm is one of the leading players in the global robotic surgery market, with estimates suggesting that it holds a 57% market share. Intuitive Surgical, Inc. (NASDAQ:ISRG)’s shares are up by 60% over the past year on the back of multiple earnings beats due to strong demand for its products. The shares surged by 7.7% in January after the firm’s fiscal fourth quarter revenue growth guidance of 25% handily beat analyst estimates of 14%. Here’s what Cramer said about Intuitive Surgical, Inc. (NASDAQ:ISRG):

“Healthcare’s been lagging Carl, but I would point out that Intuitive Surgical, which is just a fantastic medtech company blew away the numbers this morning. Stock’s one of the best performers, maybe even the best performer in the S&P 500. Good to see. This is a company where we have leadership. This is the DaVinci, the notion of being able to do robot, basically again robotic surgery. It’s expanded beyond where it’s started. Congratulations to them it’s a really good company.”