Market ExpansionThe total available market (TAM) for procedures has expanded significantly from 1.8 million in 2009 to 8 million today, indicating a substantial growth potential for ISRG.
Stock OpportunityBuying opportunity now. At $438, ISRG is down nearly 30% from a high of over $610 in January. We see a strong buying opportunity here.
Strategic GrowthISRG has identified Cardio as the next key growth area, highlighted by recent hires and job postings for Cardiovascular Sales Manager roles, suggesting a focus on expanding in this market.