Intuitive Surgical's Moat Is Getting Stronger. Is This the Closest Thing to a 'Forever' Stock?
The company dominates the robotic surgery market.
Overview
You may have come into contact with Intuitive Surgical (NASDAQ: ISRG) without even realizing it -- for example, if you've had a hernia repair or another type of minimally invasive surgery. Intuitive Surgical is the maker of the world's leading surgical robot, the Da Vinci system, which assists surgeons across many common procedures. This dominance has helped the company deliver earnings growth and stock performance over time.
Intuitive Surgical has an extremely strong moat, or competitive advantage, and it may be getting even stronger. This means the company may not face the threat of competition any time soon -- and this is excellent news for the earnings picture and for investors. Is Intuitive Surgical the closest thing to a "forever" stock? Let's find out.
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Originally published at www.fool.com.