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“I Like That,” Says Jim Cramer About Intuitive Surgical (ISRG)

We recently published 14 Stocks Jim Cramer Discussed As He Shared Insights For Nuclear And Quantum Stocks. Intuitive Surgical, Inc. (NASDAQ:ISRG) is one of the stocks Jim Cramer recently discussed.

Intuitive Surgical, Inc. (NASDAQ:ISRG) is one of the few companies in the world that makes and sells surgical robots. Its shares have gained 5.2% year-to-date and jumped by more than 17% in October after the firm’s third-quarter earnings report. The results saw Intuitive Surgical, Inc. (NASDAQ:ISRG) report $2.51 billion in revenue and $2.40 in earnings per share. Both of these beat analyst estimates of $2.51 billion and $1.99. Investors were also pleased as the firm revealed during the report that it expected procedures performed by its DaVinci robots to grow between 17% to 17.5% in 2025, which was higher than the previous estimate of 15.5% to 17%. Cramer used Intuitive Surgical, Inc. (NASDAQ:ISRG) as an example of a business with “tangible” products versus speculative stocks:

“Versus ISRG. Which the run in the ISRG machines, round the clock. I like that. That’s something tangible. David, I want tangible, okay.”

Kotin/Shutterstock.com

The comments marked a slight shift in Cramer’s thoughts about Intuitive Surgical, Inc. (NASDAQ:ISRG) in an October 16th Mad Money appearance, where he had remarked:

“You know, I have to tell you, things have gotten tough for these guys. There’s a lot of people that have moved into their industry. I think it’s a great company, but the stock is telling me, don’t buy me, don’t buy me, and I’m hearing the stock.”

While we acknowledge the risk and potential of ISRG as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than ISRG and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.

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When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

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  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

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