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Why Bill Maurer believes Intuitive Surgical (ISRG) could become a $700 stock: 70%-plus gross...

Why Bill Maurer believes Intuitive Surgical (ISRG) could become a $700 stock: 70%-plus gross margins, almost 30% net margins, virtually debt free, buying back stock, industry leader, growing briskly with no real competition. ISRG now trades at ~40x trailing 12-months earnings, but that's based on "actual year earnings and the highest price of the year."
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