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FreeISRG4 min read

Why ISRG's readout is asymmetric

ISRG
Delayed

The thesis

Pipeline option value is being given away at the current multiple.

Device adoption is steepening past the conservative model.

What I'm watching

  • label/indication scope
  • label/indication scope
  • A clean move through the level I flag below

Positioning

Long on ISRG, 6-36 months horizon. Conviction: High. Regulatory timing slips; the calendar is a guide, not a guarantee.

Opinion, not investment advice. The author may or may not hold positions discussed.

Opinion. The author may or may not hold positions discussed. Not advice. Not a financial promotion approved under FSMA s.21. Quote data is delayed. Past performance is not a reliable indicator of future results.

Comments

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Still one of the better write-ups on ISRG.