Intuitive Surgical Stock Is Up Over 400%. Here's Why It's Still a No-Brainer Buy.

Intuitive Surgical, maker of the da Vinci surgical robot, has surged over 400% in the past decade despite currently trading 30% below all-time highs. The company's real growth driver is recurring revenue from services, instruments, and accessories rather than robot sales. With a current P/E of 49x (below its 5-year average of 69x), aggressive growth investors may view the pullback as a buying opportunity, though the stock remains volatile.