Stocks tumbled again today with falling oil prices getting the blame. But who are we kidding? Volatility begets more volatility, and that’s what we seem to have on our hands.
Michael Nagle/Bloomberg News
The S&P 500 dropped 1.5% to 2,127.02 today, while the Dow Jones Industrial Average fell 258.32, or 1.4%. The Nasdaq Composite finished off 1.1% to 5,155.25.
Remember yesterday, a dovish Fed Governor helped stocks shoot higher. Deutsche Bank’s Alan Ruskin finds it interesting that it hasn’t had a bigger impact:
On the surface, the interesting aspect of the deflated set of Fed hike expectations is how little this has helped global risk appetite. However, it is hard to prove the counterfactual on what equities would have done had market expectations of a hike been on the rise post-Brainard – but very likely risky assets would have been meaningfully weaker. Nonetheless, the message from the way risk has traded is that for risky assets to rally they seem to need more than a dovish Fed. From a technical standpoint that probably means the S&P regaining its breakdown closing low levels ~2170 as a prerequisite for the global risk rally to resume momentum.
10 Best High Dividend Stocks To Invest In 2017: Cellcom Israel Ltd.(CEL)
Cellcom Israel Ltd. provides cellular communications services in Israel. It offers basic and advanced cellular telephone services, text and multimedia messaging services, and advanced cellular content and data services. The company?s basic cellular telephony services include voice mail, cellular fax, call waiting, call forwarding, caller identification, collect call, conference calling, ?Talk 2?, additional number services, and collect call services; and outbound and inbound roaming services. It also provides value-added services comprising Cellcom volume that includes downloadable content, such as music, games, on-net-reality programs, drama series, and video games; SMS and MMS services to send and receive text, photos, multimedia, and animation messages; access to third party application providers for notification of roadway speed detectors, mange vehicle fleets, and enable subscribers to manage and operate time clocks and various controllers for industrial, agricultural , and commercial purposes; video calls to communicate with each other through video applications; zone services for calls initiated from a specific location; location-based services; voice-based information services; text-based information services and interactive information services, including news headlines, sports results, and traffic and weather reports; and data services to access handsets, cellular modems, laptops, tablets, and cellular routers, as well as Internet based payment services. In addition, the company sells handsets, modems, routers, tablets, and laptops, as well as provides repair and replacement services; and offers landline telephony, transmission, and data services through its approximately 1,500 kilometers of inland fiber-optic infrastructure and complementary microwave links to selected business customers. As of March 31, 2011, it provided its services to approximately 3.395 million subscribers. The company was founded in 1994 and is headquartered i n Netanya, Israel.
- [By Monica Gerson]
Cellcom Israel Ltd. (NYSE: CEL) is estimated to post its earnings for the latest quarter.
Quotient Ltd (NASDAQ: QTNT) is projected to post a quarterly loss at $0.59 per share on revenue of $4.75 million.
10 Best High Dividend Stocks To Invest In 2017: Aon Corporation(AON)
Aon Corporation provides risk management services, insurance and reinsurance brokerage, and human resource consulting and outsourcing services primarily in the United States, the Americas, the United Kingdom, Europe, the Middle East, Africa, and the Asia Pacific. The company?s Risk Solutions segment offers retail brokerage products and services, including affinity products, general underwriting management services, placement services, and captive management services; and advisory services to technology, financial services, agribusiness, aviation, construction, health care, and energy industries, as well as facilitates various risk management solutions for property liability, general liability, professional liability, directors’ and officers’ liability, workers’ compensation, and various healthcare products. This segment also provides risk consulting services comprising captive management; eSolutions products that enable clients to manage risks, policies, claims, and safet y concerns through an integrated technology platform; reinsurance brokerage services, such as actuarial, enterprise risk management, catastrophe management, and rating agency advisory services; property and casualty reinsurance; and specialty lines, which include professional liability, medical malpractice, accident, life, and health, as well as capital management transaction and advisory services. Its HR Solutions segment offers human capital services in the areas of health and benefits, retirement, compensation, and strategic human capital; and benefits administration and human resource business process outsourcing services. The company was founded in 1919 and is headquartered in Chicago, Illinois.
- [By Javier Hasse]
In other news, Aon plc Class A Ordinary Shares (UK) (NYSE: AON) boosted its quarterly dividend from $0.30 per share to $0.33 per share, and McGraw Hill Financial Inc (NYSE: MHFI) said it would sell its unit J.D. Power to investment firm XIO Group for $1.1 billion.
- [By Reuters]
Wendy Maeda/The Boston Globe via Getty Images NEW YORK — Walgreen is moving 120,000 employees to a private health insurance exchange from coverage provided directly from carriers, the company will announce Wednesday. The pharmacy chain will join 17 other large employers on the Aon Hewitt Corporate Health Exchange as part of a growing movement to offer employees fixed dollar amounts to purchase their own plans on such exchanges. The end-cost to employees depends on the plan chosen, but they typically get more options than under traditional arrangements. Private exchanges mimic the coverage mandated as part of the Affordable Care Act. Enrollment in the public exchanges starts Oct. 1. “What happens to employer contributions over time? Will they put in as much as they put in the past? These are unanswered questions but potential negatives,” says Paul Fronstin, a senior research associate with the Employee Benefit Research Institute. The benefit to Walgreen and other employers is unknown at this point, as their cost-savings aren’t clear. Of the 180,000 Walgreen (WAG) employees eligible for health care insurance, 120,000 opted for coverage for themselves and 40,000 family members. Another 60,000 employees, many of them working part-time, weren’t eligible for health insurance. Aon Hewitt (AON) says other participants in its program include retailer Sears Holding (SHLD) and Darden Restaurants (DRI). These new additions raise enrollment to 330,000 from 100,000 last year, and Aon Hewitt estimates enrollment will jump to 600,000 next year, a fivefold increase from 2012. By 2017, nearly 20 percent of employees nationwide could get their health insurance through a private exchange, according to Accenture Research (ACN). A recent report by the National Business Group on Health said that 30 percent of large employers are considering moving active employees to exchanges by 2015. Other major providers of private exchanges include Mercer, a division of Marsh & Mc
Top Healthcare Technology Stocks For 2017: Joy Global Inc.(JOY)
Joy Global Inc. incorporated on September 17, 1986, is a manufacturer and servicer of high productivity mining equipment for the extraction of coal and other minerals and ores. The Company manufactures and market original equipment and aftermarket parts and services for both underground and surface mining and certain industrial applications. The Companys equipment is used in major mining regions throughout the world to mine coal, copper, iron ore, oil sands, gold and other minerals. The Company operates in two business segments: Underground Mining Machinery and Surface Mining Equipment. The Company is a manufacturer of underground mining machinery for the extraction of coal and other bedded minerals and offer service locations near major mining regions worldwide. The Company is a major producer of surface mining equipment for the extraction of ores and minerals and we provide extensive operational support for many types of equipment used in surface mining. The Company s manufacturing facilities are located in the United States, including facilities in Pennsylvania, Wisconsin, Texas and Alabama, and internationally, including facilities in China, the United Kingdom, South Africa and Australia.
Underground Mining Machinery
The Company is a producer of high productivity underground mining machinery for the extraction of coal and other bedded materials. The Companys products are used in the mining and/or processing of coal, potash, salt, trona and other minerals and ores. The Company maintains a network of service and distribution centers to rebuild and service equipment and to sell replacement parts and consumables in support its installed base. This network includes five service centers in the United States and eight outside the United States, all of which are strategically located in major underground mining regions.
The Companys products and services include armored face conveyors, Battery hau lers, Continuous chain haulage systems, Continuous miners, C! onveyor systems, Feeder breakers, Flexible conveyor trains (FCT), High angle conveyors,Longwall shearers, Powered roof supports, Road headers, Roof bolters, Shuttle cars and Life cycle management. In addition to life cycle management support, its Underground Mining Machinery segment provides equipment assemblies, service, repairs, rebuilds, parts, enhancement kits and training to customers globally.
Armored face conveyors are used inLongwall mining to transport material cut by the shearer away from theLongwall face. Battery haulers transport material from continuous miners to the feeder breaker and are powered by portable rechargeable batteries. Continuous chain haulage systems transport material from continuous miners to main mine belts on a continuous basis. Electric crawler mounted continuous miners cut material using carbide-tipped bits on a horizontal rotating cutterhead. Conveyor systems are used in both underground and surface applications. The components of a conveyor system are the idlers, idler structure and the terminal, which itself consists of a drive, discharge, take-up and tail loading section. Feeder breakers are used in both underground and surface applications. An FCT is an electric-powered, single operator, self-propelled conveyor system that provides continuous haulage of material from a continuous miner to the main mine belt. The high angle conveyor provides a versatile method for elevating or lowering materials continuously from one level to another at extremely steep angles. ALongwall shearer moves back and forth on an armored face conveyor parallel to the material face. Roof supports use hydraulic cylinders to perform a jacking-like function that supports the mine roof duringLongwall mining. Crawler mounted road headers cut material using carbide-tipped bits on a boom mounted cutting head. Roof bolters are drills used to bore holes in the mine roof and to insertLong metal bolts into the holes to reinforce th e mine roof. Shuttle cars, a type of rubber-tired haulage ve! hicle, ar! e electric-powered using an umbilical cable.
The Companys life cycle management arrangements include cost per ton, component exchange programs and parts contracts. The Companys project management services provide a single point of contact for set of services, from contract origination to operational completion. The Companys Smart services are a full service support offering that gathers relevant information real time and uses this information to deliver services that are preemptive and predictive. The services include equipment monitoring, predictive diagnostics, service training support and parts management.
Surface Mining Equipment
The Company is a producer of electric mining shovels and a leading producer of blasthole drills, walking draglines and wheel loaders for open-pit mining operations. The Companys products are used in the mining and/or processing of coal, copper, iron ore, oil sands, gold and other minerals and or es. The Company provides logistics and a range of life cycle management service support to customers through a global network of strategically located operations within major mining regions. The Company provides electric motor rebuilds and other selected products and services to the non-mining industrial segment and sell used electric mining shovels, drills and parts.
The Companys blasthole drills range in size from 7.875 to 17.5 inches in diameter and can exert a maximum pull down force of up to 150,000 pounds. Draglines are primarily used to remove overburden, to uncover coal or mineral deposits and then to replace the overburden as part of the reclamation activities. The Companys draglines are equipped with bucket sizes ranging from 30 to 160 cubic yards. Loaders are generally used in coal, copper and iron ore mines, and they utilize a proprietary diesel-electric drive system with digital controls.
- [By Ben Levisohn]
UBS analyst Steven Fisher and Cleve Rueckert note that Joy Global’s (JOY) “cash flow has helped reduce credit risk,” but still rate it a Sell. They explain why:
We think the near-term credit picture has improved, but we think JOY still needs an earnings recovery to support debt reduction. We still see fundamental risk to coal and broader mining capex for 2017, and with 77% of the implied value based on future growth, we think the shares are pricing in too optimistic a recovery in earnings.
Oil sands booking in 2018 positive, but outlook weak for US coal in 2H16, 2017 JOY’s bookings in FQ2 were better than expected, and it cited some progress on company-specific initiatives. Still, management indicated that bookings are lumpy and likely to come down in 2H vs. 2Q. JOY also noted that a weak mining capex outlook is restraining growth expectations for 2017. While JOY raised its FY16 cash flow outlook by 5-10%, JOY has $1 billion in debt coming due over the next 5 years (2019 and 2021). We don’t expect JOY to pay it down entirely (some likely to be termed out), but we do think JOY needs more cash flow to reduce debt to lower levels in the event that there is an extended mining downturn…
We are raising our price target to $11, from $8, to reflect a slightly higher EV/EBITDA multiple (~8x; was 7.5x; higher commodity price environment and less credit risk) and higher 2017E EBITDA ($225m; was $215m).
Shares of Joy Global have gained 1.2% to $22.49 at 3:39 p.m. today, nearly double Caterpillar’s (CAT) 0.6% rise to $76.91. Deere (DE) has dropped 0.1% to $87.40.
- [By Ben Levisohn]
Barclays analysts Robert Wertheimer and Adam Seiden explain why they not only upgraded Joy Global (JOY) to Overweight from Equal Weight, but the entire US Machinery Industry to Neutral from Negative:
10 Best High Dividend Stocks To Invest In 2017: Female Health Company (The)(FHCO)
The Female Health Company develops, manufactures, and markets consumer health care products. It offers the FC2 female condom that provides women dual protection against unintended pregnancy and sexually transmitted infections, including HIV/AIDS. The company sells its products to global agencies, non-government organizations, ministries of health, and other government agencies directly, as well as through distribution agreements and other arrangements with commercial partners. It operates in South Africa, Angola, Uganda, Nigeria, Zimbabwe, Tanzania, the United States, the United Kingdom, Brazil, Malaysia, the Democratic Republic of the Congo, and internationally. The Female Health Company was founded in 1896 and is headquartered in Chicago, Illinois.
- [By Lisa Levin]
Shares of Female Health Co (NASDAQ: FHCO) were down 15 percent to $1.46 as the company reported that it has entered into a merger agreement with Aspen Park Pharma.
10 Best High Dividend Stocks To Invest In 2017: Sun Life Financial Inc.(SLF)
Sun Life Financial Inc., a financial services organization, provides protection and wealth products and services to individuals and corporate customers worldwide. It operates through five segments: Sun Life Financial Canada, Sun Life Financial United States, Sun Life Financial Asset Management, Sun Life Financial Asia, and Corporate. The company offers life and health, long-term and short-term disability, medical stop-loss and dental, and accidental death insurance services; long-term care, medical coverage, and guaranteed income and death reinsurance services; and investment funds, as well as third-party mutual funds. It also provides life, dental, drug, extended health care, disability, and critical illness benefits programs; and voluntary benefits solutions directly to individual plan members, including post-employment life and health plans to plan members. In addition, the company offers group retirement products and servi ces, including investment-only segregated funds and fixed rate annuities, stock plans, group life annuities, and pensioner payroll services, as well as solutions for de-risking defined benefit pension plans. Further, it provides asset management services for retail and institutional investors through mutual and commingled funds, separately managed accounts, institutional products, and retirement strategies; and customized fixed income solutions, including liability-driven investment products, as well as alternative asset classes, such as private fixed income, real estate, and commercial mortgages. The company markets and distributes its products through independent insurance and mutual fund licensed brokers, broker-dealers, benefits consultants, and sales representatives. Sun Life Financial Inc. was founded in 1999 and is headquartered in Toronto, Canada.
- [By Monica Gerson]
Sun Life Financial Inc (NYSE: SLF) is expected to post its quarterly earnings at $0.91 per share on revenue of $4.56 billion.
ScanSource, Inc. (NASDAQ: SCSC) is projected to post its quarterly earnings at $0.65 per share on revenue of $871.06 million.
10 Best High Dividend Stocks To Invest In 2017: Advanced Semiconductor Engineering, Inc.(ASX)
Advanced Semiconductor Engineering, Inc., incorporated on March 23, 1984, is a provider of semiconductor packaging and testing services. The Company offers a range of semiconductors packaging, testing and electronic manufacturing services (EMS). The Company’s segments include Packaging, Testing, EMS and Others. The Company provides services in packaging bare semiconductors into finished semiconductors with a range of electrical and thermal characteristics, as well as testing services, including front-end engineering testing, wafer probing and final testing services. It also sells goods from EMS. The Company engages in other activities, such as substrate production and real estate business.
The Company offers a range of package types to meet the requirements of its customers, including flip-chip ball grid array (BGA), flip-chip chip scale package (CSP), advanced chip scale packages (aCSP), quad flat packages (QFP), thin quad flat packages (TQFP), bump chip carrier (BCC), quad flat no-lead (QFN) packages, advanced QFN (aQFN) and Plastic BGA. In addition, the Company provides three dimensional (3D) chip packages, such as MAP package on package (POP) and aMAP POP (advanced, laser ablation type). It also offers other forms of stacked die solutions in various package types, such as stacked die QFN and hybrid BGAs containing stacked wire bond. It also provides automotive product development and production using copper wire in its services to customers. In addition, the Company offers the fan-out wafer-level packaging (FOWLP) solution for radar products. The Company provides integrated circuit (IC) wirebonding, including leadframe-based packages and substrate-based packages. It assembles system-in-package (SiP) products, which involve the integration of a one chip into the same package. Its end-use applications for modules include cellular phones, wireless local area network (LAN) applications, Bluetooth a pplications, camera modules, automotive applications, toys, ! networking, storage and power management. The Company produces substrates for use in its packaging operations.
The Company provides front-end engineering testing services, including customized software development, electrical design validation, and reliability and failure analysis. The Company conducts final tests of a range of logic/mixed-signal/radio frequency (RF)/(2.5D/3D) module and SiP/micro-electromechanical systems (MEMS)/discrete semiconductors. The Company provides a range of additional test-related services, such as electric interface board and mechanical test tool design, program conversion, program efficiency improvement, burn-in testing, module and SiP testing, and tape and reel. It offers drop shipment services for shipment of semiconductors directly to end users designated by its customers.
Electronic Manufacturing Services
The Company provides integrated solutions for electronic manufacturi ng services in relation to computers, peripherals, communications, industrial, automotive, and storage and server applications. The Company’s products and services in this category include computers, such as motherboards for server and desktop personal computer (PC), peripheral, port replicator, network attached storage and technical services; communications, such as wireless fidelity (Wi-Fi) and SiP; consumer products, such as control boards for flat panel devices and SiP; automotive electronics, such as automotive electronic manufacturing services, car light emitting diode (LED) lighting, regulator/rectifier, and industrial products, such as point-of-sale systems and smart handheld devices.
The Company competes with Hon Hai Precision Ind. Co., Ltd.
- [By STOCKPICKR]
We’re starting things off with Advanced Semiconductor Engineering (ASX), a Taiwan-based chipmaker. Overwhelmingly, overseas stocks have been lagging the broad market here at home — but that hasn’t been the case at Advanced Semiconductor. In fact, this $10 billion chip stock is up more than 30% since the calendar flipped to January. But investors should think about taking their gains here; ASX is starting to look toxic for your portfolio.
That’s because ASX is currently forming a descending triangle pattern, a bearish price setup that’s formed by downtrending resistance above shares, and horizontal support to the downside at $5.80. Basically, as ASX bounces in between those two technical price levels, it’s getting squeezed closer to a breakdown below its $5.80 price floor — if that line in the sand gets violated, then Advanced Semiconductor is a sell.
For short sellers, the most recent high at the $6.40 level is a logical place to park a protective stop.
Must Read: 12 Stocks Warren Buffett Loves in 2014
10 Best High Dividend Stocks To Invest In 2017: Telephone and Data Systems, Inc.(TDS)
Telephone and Data Systems, Inc., a telecommunications company, provides wireless, wireline, cable, and hosted and managed services in the United States. The company offers cellular services, such as postpaid national plans and prepaid service plans with voice, messaging, and data usage options; and shared data plans that include unlimited voice minutes and text messaging; business rate plans. It also offers wireless devices comprising handsets, modems, mobile hotspots, home phone, and tablets; and accessories, such as carrying cases, hands-free devices, batteries, battery chargers, memory cards, and other products. In addition, the company provides wireline and cable broadband services, such as fiber-based and digital, and other data services; Internet protocol television and satellite video services; voice services comprising local and long-distance telephone service, voice over Internet protocol, voice mail, caller ID, and call forwarding services; and network access services. Further, it offers cloud computing, colocation, hosted application management, and hosted and managed services; and planning, engineering, procurement, sales, installation, and management of information technology infrastructure hardware solutions, as well as printing and distribution services. As of December 31, 2014, the company served approximately 4.8 million wireless customers and 1.2 million wireline connections. Telephone and Data Systems, Inc. sells its products through retail sales direct sales, third-party retailers, and independent agents, as well as through Website and telesales. The company was founded in 1968 and is headquartered in Chicago, Illinois.
- [By Monica Gerson]
Telephone & Data Systems, Inc. (NYSE: TDS) is projected to report its quarterly earnings at $0.10 per share on revenue of $1.26 billion.
PharMerica Corporation (NYSE: PMC) is estimated to report its quarterly earnings at $0.43 per share on revenue of $509.45 million.
10 Best High Dividend Stocks To Invest In 2017: Leidos Holdings, Inc.(LDOS)
Leidos Holdings, Inc., an applied technology company, delivers solutions and services in the national security, health, and engineering markets in the United States and internationally. The companys National Security Solutions segment offers solutions and systems for air, land, sea, space, and cyberspace for the U.S. intelligence community, the U.S. department of defense, military services, the U.S. department of homeland security, and government agencies of U.S. allies abroad, as well as to other federal, civilian, and commercial customers in the national security industry. Its solutions offer technology, intelligence systems, command and control, data analytics, cybersecurity, logistics, and intelligence analysis and operations support services to critical missions. The Health and Engineering segment offers electronic health record (EHR) system and behavior health services; implements and optimizes EHR systems at commercia l hospitals; and provides life science research and development support services. This segment also offers process industries engineering services and solutions to mid-tier refineries and industrial companies; security products, services, and solutions; power grid engineering services and solutions; federal environmental and engineering services; and transaction and asset valuation services for the power industry. The Corporate and Other segment engages in the real estate management activities. The company was founded in 1969 and is headquartered in Reston, Virginia.
- [By Ben Levisohn]
Where we are concerned: 1. Ex-Joint Strike Fighter portfolio is average. There are few major growth differentiators after F-35; and actually headwinds in Aeronautics specifically, including C-5 and F-16. 2. Consensus EPS and cash flow estimate headwinds. The final Leidos Holdings (LDOS)-Lockheed Martin numbers are likely dilutive to 2016, so guidance will come down. The $1.5bn 2018 cash pension contribution means lower 2018 free cash and a weaker 5-year cash trajectory than peers. 3. Valuation tough. Lockheed Martin trades at 24X CY17E P/E ex pension. While we shy away from valuation concerns at the trough of the Defense cycle, this is more expensive than other Defense stocks.
10 Best High Dividend Stocks To Invest In 2017: eHealth Inc.(EHTH)
eHealth, Inc. offers Internet-based insurance agency services for individuals, families, and small businesses in the United States. The company also offers technology licensing and Internet advertising services. Its ecommerce platforms organize and present health insurance information in various formats, as well as enables individuals, families, and small businesses to research, analyze, compare, and purchase various health insurance plans. The company offers various medical health insurance coverage plans, such as preferred provider organization, health maintenance organization and indemnity plans, Medicare plans, short-term medical insurance, student health insurance, and health savings account eligible health insurance plans, as well as ancillary plans, such as dental, vision, and life insurance. Its customers access its ecommerce platforms through its Websites, including eHealth.com, eHealthInsurance.com, eHealthMedicare.com, and PlanPrescriber.com, as well as through a network of marketing partners. The company was incorporated in 1997 and is headquartered in Mountain View, California.
- [By Lisa Levin]
eHealth, Inc. (NASDAQ: EHTH) was down, falling around 32 percent to $9.53. eHealth reported a Q2 net loss of $0.5 million, versus a year-ago net income of $5.8 million. The company also reported weak quarterly revenue.
10 Best High Dividend Stocks To Invest In 2017: Intuitive Surgical Inc.(ISRG)
Intuitive Surgical, Inc. designs, manufactures, and markets da Vinci surgical systems for various surgical procedures, including urologic, gynecologic, cardiothoracic, general, and head and neck surgeries. Its da Vinci surgical system consists of a surgeon?s console or consoles, a patient-side cart, a 3-D vision system, and proprietary ?wristed? instruments. The company?s da Vinci surgical system translates the surgeon?s natural hand movements on instrument controls at the console into corresponding micro-movements of instruments positioned inside the patient through small puncture incisions, or ports. It also manufactures a range of EndoWrist instruments, which incorporate wrist joints for natural dexterity for various surgical procedures. Its EndoWrist instruments consist of forceps, scissors, electrocautery, scalpels, and other surgical tools. In addition, it sells various vision and accessory products for use in conjunction with the da Vinci Surgical System as surgical procedures are performed. The company?s accessory products include sterile drapes used to ensure a sterile field during surgery; vision products, such as replacement 3-D stereo endoscopes, camera heads, light guides, and other items. It markets its products through sales representatives in the United States, and through sales representatives and distributors in international markets. The company was founded in 1995 and is headquartered in Sunnyvale, California.
- [By Benzinga News Desk]
Microsoft (NASDAQ: MSFT) Reports Q4 EPS $0.69 vs. Est. $0.58, Rev. $22.64B vs. Est. $22.14B
Intuitive Surgical (NASDAQ: ISRG) Reports Q2 GAAP EPS $4.71, Adj. EPS $5.62 vs $4.97 Est., Sales $670.1M vs $540.7M Est.
Halliburton (NYSE: HAL) Q2 EPS ($0.14) vs ($0.19) est, Revenue $3.84B vs $3.75B est
Morgan Stanley (NYSE: MS) Q2 EPS $0.75 vs $0.59 est, Revenue $8.9B vs $8.3B est
- [By Joseph Hogue]
Enter Intuitive Surgical (Nasdaq: ISRG) and Da Vinci, a robotic arm that allows surgeons to operate with just a single incision less than an inch in size.