Emma Asma Cornwall
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Emma Asma Cornwall in Gainers & Losers,

Intuitive Surgical looks attractive after third-quarter results

Intuitive Surgical reported third-quarter results yesterday and beat estimates for the top line and bottom line. Intuitive Surgical had revenues of $590 million in the third quarter, which is a 7% increase yy.

The number of da Vinci systems shipped during the quarter increased to 117 versus 111 in Q3 2014. Company earned $167 million in net income during the third quarter, $4.40 per share, up 24 percent yy. Intuitive Surgical's balance sheet remains strong.

Technically, Intuitive shares are performing a bounce after a little "double bottom". Bounce might continue for some more time, so I'm bullish