- Intuitive Surgical continued to install additional systems during 2020 and this will significantly increase in 2021.
- The company's business model creates immense recurring revenue, and the international expansion push will drive growth.
- The balance sheet is pristine which allows the Company to generate tremendous levered free cash flow.
- The return of elective procedures after Covid may allow the Company to beat earnings estimates for the remainder of 2021, which already call for double-digit growth.
For further details see:
Intuitive Surgical: Worthy Of Its Premium Valuation