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Intuitive Surgical, Inc. Intuitive Surgical, Inc. (ISRG) is set to gap dramatically higher this morning, after the company blew past analysts' fourth-quarter profit predictions. Last night, ISRG said that its net earnings for the quarter climbed 56% to $121.2 million, or $3.02 per share, while revenue improved 21% to $389 million. By contrast, Wall Street expected a profit of $2.25 per share on revenue of $369.9 million. Looking ahead, ISRG said it anticipates revenue growth of 16% to 20% for fiscal 2011. ISRG is up 12% in electronic trading, with the stock looking to jump well north of the $300 level at the open. As a result, the shares are now well-positioned to end a second consecutive week atop of former resistance at their 10-week and 20-week moving averages. The stock's post-earnings surge seems likely to induce a panic among short sellers. Currently, 7.3% of ISRG's float is dedicated to short interest, and it would take more than seven trading days for all of these bearish bets to be covered, at the equity's average daily volume. |
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| aus der Diskussion: | ISRG die "Superaktie" läuft wieder |
| Autor (Datum des Eintrages): | qualcom (21.01.11 17:27:22) |
| Beitrag: | 2 von 46 (ID:40904703) |
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