Intuitive Surgical Mission Statement is:
Helping people get back to what matters most.
Intuitive (Nasdaq: ISRG) is a global technology leader in minimally invasive care and the pioneer of robotic-assisted surgery. At Intuitive, we believe that minimally invasive care is life-enhancing care.
Intuitive Surgical (ISRG) defines its business model as a “razor/razor blade” model. This model involves selling a product (da Vinci Surgical Systems) that will generate recurring revenue through the sale of complementary and dependent goods (instruments and accessories many of which are disposable) during the lifetime of that product.
3 No-Brainer Stocks to Buy in a Correction
Sep 13, 2022
- A market downturn usually instills fear in investors, but it doesn’t have to be so.
- It presents terrific opportunities to accumulate shares in the best companies.
- Savvy investors don’t leave the store when it’s having a sale.
Aside from being the market leader, Intuitive makes a fantastic investment. More than 70% of its revenue is recurring, which means it comes from instruments, accessories, and services.
The company has a massive moat.
Best, kevin c
long of Intuitive Surgical, Inc.
please click my screen name for disclosed holdings