Summary: Intuitive Surgical is a global technology leader specializing in minimally invasive care and a trailblazer in robotic-assisted surgery. This guide will show you how to buy Intuitive Surgical stock using a regulated third-party investing platform like eToro.
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About Intuitive Surgical
Based in Sunnyvale, California, the company focuses on improving clinical outcomes and advancing life-enhancing healthcare through minimally invasive medical procedures. Furthermore, da Vinci systems helped in over 12 million procedures worldwide.
Intuitive focuses on intelligent technology and has also committed to a carbon reduction plan. It is a constituent of both the NASDAQ-100 and S&P 500 indices.
Intuitive Surgical trades on the Nasdaq stock market under the ticker ISRG.
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How to buy Intuitive Surgical stock: step-by-step
With a regulated brokerage service, you can purchase Intuitive Surgical stock in a couple of steps and within minutes. Do the following to invest in this medical technology company:
Step 1: Choose a broker
To buy Intuitive Surgical stock, you have to gain access to the stock market using a third-party investing platform. The most straightforward option is a regulated online brokerage.
To securely buy Intuitive Surgical stock, we recommend you consider eToro:
- Commission-free stock and ETF trading;
- 2,000+ stocks from 17 exchanges;
- Fractional shares available;
- User-friendly platform.
Highly Rated Stock Trading & Investing Platform
-
Invest in 2,800+ stocks and other assets including 70+ cryptocurrencies and commodities.
-
0% commission on buying stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.
-
Copy top-performing traders in real time, automatically.
-
eToro USA is registered with FINRA for securities trading.
Step 2: Open and fund your account
Once you have chosen your brokerage platform, continue to create and verify your new account. The platform should email you the correct instructions for doing this within minutes.
After you verify your account, you should deposit some funds into your account to get ready to buy Intuitive Surgical stock. The most frequently available funding methods include bank transfers, debit or credit cards, and transaction services like PayPal.
Step 3: Decide how much you want to spend on buying Intuitive Surgical stock
Capping your budget before buying Intuitive Surgical stock is needed for a successful investing outcome. Going over your budget can lead to major financial problems due to a spiraling debt. To secure a stable and safe investment, make sure you have done the following:
- Paid off all high-interest debt, such as credit cards and personal loans;
- Created an emergency fund that covers at least three months of daily life expenses.
Note
Step 4: Place your order and buy Intuitive Surgical stock
What is next is placing an order and purchasing Intuitive Surgical shares. Perform the following:
- Step 1: Log into your account and find Intuitive Surgical’s ticker symbol (ISRG);
- Step 2: Type in the amount or the number of Intuitive Surgical shares you wish to buy;
- Step 3: Select the order type (market order or limit order) and place it;
- Step 4: Confirm the trade order.
Step 5: Monitor and manage your investment
A portfolio containing individual stocks requires regular management and monitoring. For a better likelihood of success, you must also track the ongoing market trends and frequently update your information on Intuitive Surgical and the overall state of the medical device and technology industry.
Remember
Intuitive Surgical stock price today
Pros and cons of buying Intuitive Surgical stock
Pros
- Medical innovation: Intuitive Surgical’s focus on cutting-edge innovation secured its position at the forefront of the industry. A chain of advancements in robotic surgery technology will likely provide the company with a competitive edge;
- Market leader: Intuitive Surgical is an undisputed robotic-assisted surgery leader with a dominant position in the industry. The da Vinci surgical system has become a core component in various surgical procedures, and the company has a significant market share;
- Growth potential: The global demand for minimally invasive surgical procedures will likely increase, and Intuitive Surgical is in a prime position to capitalize on this trend;
- Recurring revenue model: The sale of the da Vinci surgical system is just the initial segment of the revenue stream for Intuitive Surgical – the company also generates revenue through the sale of accessories, instruments, and services.
Cons
- High valuation: Intuitive Surgical’s stock remains relatively expensive, with a high price-to-earnings ratio. Investors should consider whether the current valuation is at risk of overvaluation;
- Dependency on the healthcare sector: The company’s financial status is closely bound to healthcare spending. Economic downturns or shifts in healthcare policies that cut spending will likely reduce Intuitive Surgical’s sales;
- Competition: While Intuitive Surgical is at the top of the market, competition in robotic surgery is increasing. Contenders for the spot may develop competitive products and technological advancements by rival companies could challenge Intuitive Surgical’s dominance;
- Regulatory risks: The healthcare industry is subject to strict regulations. Changes in regulatory requirements or delays in obtaining approvals for new products could impact Intuitive Surgical’s ability to deliver innovations to the market.
For more investment opportunities in the medical industry, check out the following guides:
- Top 3 Alzheimer Drug Stocks to Buy;
- 3 Best Cancer Drug Stocks to Buy;
- Top 3 Obesity Drug Stocks to Buy;
- Top 3 Biotech Penny Stocks to Buy;
- Top 5 Psychedelic Stocks to Buy;
- How to Buy Psychedelic Stocks;
- How to Buy Cannabis stocks;
- 5 Big Pharma Stocks to Buy.
You may also want to explore some prominent brands in the medical sector with a solid position in the medical device market, including:
- Abbot Laboratories (ABT);
- Thermo Fisher Scientific (TMO);
- Danaher Corporation (DHR);
- Johnson and Johnson (JNJ).
Common mistakes to avoid when buying Intuitive Surgical stock
Make sure to avoid these common investing mistakes:
- Lack of research: Research Intuitive Surgical and its stock in detail, along with the market state of the medical devices industry, before investing;
- Lack of strategy: Set your goals before you spend any money;
- Staking everything on one asset: Always diversify your portfolio;
- Falling prey to scams: Avoid illegal platforms and suspicious deals;
- Fear of missing out: If the numbers do not add up, do not make the investment: it is better to miss out than lose money.
Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.
FAQs about how to buy Intuitive Surgical stock
Is Intuitive Surgical a public company?
Intuitive Surgical is a public company, trading on the Nasdaq under ISRG.
What's Intuitive Surgical's stock symbol?
Intuitive Surgical trades on the Nasdaq under the ticker symbol ISRG.
How do I buy Intuitive Surgical stock?
You can buy shares in Intuitive Surgical on the stock exchange using an online brokerage like eToro.
Did Intuitive Surgical split its stock?
Intuitive Surgical stock split three times, with the last one being in October 2021.
Where can I buy Intuitive Surgical stock online?
You can buy Intuitive Surgical stock online from the stock market that lists it. You will have to use a third-party online brokerage like eToro.
Does Intuitive Surgical stock pay dividends?
As of January 2024, Intuitive Surgical stock does not pay dividends.
Is Intuitive Surgical a good stock to buy?
The answer depends on several factors, primarily on the state of the medical device market and the company’s financial status. Make sure to do your own research to maximize the success chance of your investment.
Highly Rated Stock Trading & Investing Platform
-
Invest in 2,800+ stocks and other assets including 70+ cryptocurrencies and commodities.
-
0% commission on buying stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.
-
Copy top-performing traders in real time, automatically.
-
eToro USA is registered with FINRA for securities trading.
