5 Best Medical Device Stocks To Buy Now

3. Intuitive Surgical, Inc. (NASDAQ:ISRG)

Number of Hedge Fund Holders: 82

Intuitive Surgical, Inc. (NASDAQ:ISRG), headquartered in the United States, is dedicated to developing, manufacturing, and promoting robotic products aimed at improving clinical outcomes for patients through minimally invasive surgery, notably through its flagship product, the da Vinci Surgical System. This system comprises a surgeon’s console, a patient-side cart equipped with four robotic arms, a 3D vision system, and proprietary instruments.

In the fourth quarter of 2023, the company continued its growth trajectory, with procedures performed using the DaVinci platform increasing by 21%.

According to Insider Monkey’s tracking of 933 hedge funds for their fourth-quarter 2023 investments, 82 held shares in Intuitive Surgical, Inc. (NASDAQ: ISRG). The largest hedge fund investor in Intuitive Surgical, Inc. (NASDAQ:ISRG) is Ken Fisher’s Fisher Asset Management, holding a stake valued at $1.5 billion.