ISRG - Is TransEnterix a Good Stock to Buy Now?
Are you looking for a stock that can turn a modest investment into a fortune that fuels your retirement dreams ? If so, the market for medical devices that help surgical teams perform common procedures is a good place to look. After all, investors who bought shares of a scrappy company called Intuitive Surgical (NASDAQ: ISRG) two decades ago have seen its price rise more than 13,000%.
Shares of TransEnterix (NYSEMKT: TRXC) have exploded around 600% higher this year, but the company's still relatively small. That means the stock could provide outstanding returns if its surgical robotics system continues gaining popularity. Let's weigh reasons to expect success ahead against signs of trouble, to see if this is a good stock to buy right now.
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Is TransEnterix a Good Stock to Buy Now?