2024-01-29 07:40:29 ET
Summary
- Intuitive Surgical is the most recent addition to the publicly shared Moats and Monopolies Portfolio.
- It has first mover advantage in a large and expanding global opportunity.
- Its robotic assisting surgical devices improve patient outcomes and procedures using them are increasing.
- The company has built a strong competitive advantage that should protect it from upcoming competition.
- This market leading position and razor and blade business model has led to wonderful margins and an impeccable balance sheet.
Moats and Monopolies
Here at Moats and Monopolies, we do things a little bit differently. We write exclusively about companies that we own in our publicly shared portfolio , which beat the S&P 500 by nearly 10% in 2023. ...
Read the full article on Seeking Alpha
For further details see:
Intuitive Surgical: Buy A 'Little Slice' Of The Future