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Intuitive Surgical is developing and producing robotic systems for surgeries. They use AI and computer vision to advance minimally invasive care. At the start of the pandemic the company’s earnings dropped but for the 3th quarter they managed to beat analyst estimates and increase earnings. Because of the coronavirus most of the surgeries were delayed and that affected the company but the need for those operations hasn’t gone. Strongly growing company.
Initial investment according to fund's passive investment strategy (healthcare industry) with equal weighting. 5/6 largest companies measured by market cap in the fund's segment 2 (Medical devices, equipment, and hospital supplies manufacturers).
Our investment strategy is passive investing. The portfolio follows Nasdaq 100 index, choosing stocks with highest EPS ratios and low price-to-book ratios compared to stocks with similar EPS ratio. This stock offers relatively high returns with low P/B ratio. The initial positions are equally weighted so $100k is allocated to this stock.