Top 5 Stock Picks of Osman Ozsan’s Deuterium Capital Management

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

Deuterium Capital Management’s Stake Value: $3.652 million

Percentage of Deuterium Capital Management’s 13F Portfolio: 12.37%

Number of Hedge Fund Holders as of Q1 2022: 65

Intuitive Surgical, Inc. (NASDAQ:ISRG) was incorporated in 1995 and is headquartered in Sunnyvale, California. It develops, manufactures, and markets products that enable physicians and healthcare providers to enhance the quality of and access to minimally invasive care in the United States and internationally.

On July 22, Truist analyst Richard Newitter lowered the firm’s price target on Intuitive Surgical to $255 from $270 and keeps a Buy rating on the shares. According to the analyst’s research note to investors, the company’s Q2 procedure growth outperformance was offset by weak systems in the face of declining trade-in opportunities and a softening cap-ex expenditure environment. The most significant longer-term driver of system demand, according to Newitter, is procedure growth, which is still growing.