Top 10 Robotics and Artificial Intelligence Stocks To Buy

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

Intuitive Surgical, Inc. (NASDAQ: ISRG) is known for its da Vinci surgical systems in the United States and internationally. The company has a market capitalization of $85 billion. This yeas alone, shares of Intuitive Surgical, Inc. (NASDAQ: ISRG) have increased by more than 23%.

Even though the number of elective surgeries as well as diagnostic procedures declined significantly because of the coronavirus pandemic, ISRG reported adjusted EPS of $1.11 for the second quarter and $2.77 for the third quarter. We expect ISRG to earn closer to $10 in 2020, giving it a P/E ratio of 72.

Fifty hedge funds had bullish positions in Intuitive Surgical, Inc. (NASDAQ: ISRG) at the end of the first quarter. That number declined to 43 by the end of the second quarter. The top 3 hedge fund holders of ISRG are all billionaires.

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Disclosure: None. This article is originally published at Insider Monkey.