Cramer's Lightning Round - Intuitive Surgical Confounds the Shorts (8/12/09) 3 comments
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Stocks discussed on the lightning round session of Jim Cramer's Mad Money TV Program, Wednesday August 12
Bullish Calls:
Cisco Systems (CSCO), Tellabs (TLAB), Ciena (CIEN), ADC Telecom (ADCT): "Are all superior to your House of Pain stock. (Alcatel Lucent)."
Novatel Wireless (NVTL): "I've got to tell you, right here is a good entry point. This is not a good company, but this tidal wave of tech is so great it will lift everything."
Intuitive Surgical (ISRG): "...confounded the shorts...I think that one can work...there are more and more people adopting it even though hospitals are in trouble...but remember, that is a speculative."
Bearish Calls:
Alcatel Lucent (ALU): "That has been in a multi-year House of Pain."
Taiwan Semiconductor (TSM): "Take off a quarter of it right now and let the rest run."
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This article has 3 comments:
More "pearls" of wisdom from the great "Reverend Jim Bob Cramer"?
The utter shallowness is overwhelming.
This system is the future of surgery... and Intuitive owns this market... after the initial million dollar plus cost of the equipment, each surgery requires an expense of over $1,500 in renewables... thus an ongoing repeat business... Hospital judge operating rooms in "15 minute slices "... my prostate surgery was almost 1 hr faster than open surgery, and I was home the next day, 2-3 days faster that open methods. Minimal discomfort, faster overall recovery.