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Is Intuitive Surgical (ISRG) Stock Outpacing Its Medical Peers This Year?

Investors interested in Medical stocks should always be looking to find the best-performing companies in the group. Is Intuitive Surgical (ISRG) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Medical peers, we might be able to answer that question.

Intuitive Surgical is a member of the Medical sector. This group includes 817 individual stocks and currently holds a Zacks Sector Rank of #6. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.

The Zacks Rank emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. ISRG is currently sporting a Zacks Rank of #2 (Buy).

Over the past 90 days, the Zacks Consensus Estimate for ISRG's full-year earnings has moved 2.25% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.

According to our latest data, ISRG has moved about 33.42% on a year-to-date basis. Meanwhile, the Medical sector has returned an average of 0.35% on a year-to-date basis. This shows that Intuitive Surgical is outperforming its peers so far this year.

To break things down more, ISRG belongs to the Medical - Instruments industry, a group that includes 92 individual companies and currently sits at #113 in the Zacks Industry Rank. On average, stocks in this group have gained 13.12% this year, meaning that ISRG is performing better in terms of year-to-date returns.

Investors with an interest in Medical stocks should continue to track ISRG. The stock will be looking to continue its solid performance.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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