even if it is way higher than its book value, its not gonna go down to $94 in a straight line. may take weeks, months who knows. it will be a slow descent in my opinion, not a fast & furious one. so be very very patient. could be worth it though
Sentiment: Strong Sell
...or go over to CSGP. Their PE has been sky high for the past 15 years but it went off the charts this past spring and hovers around 1600 as we speak...and they have a book value of less than $5.
PS: Like ISRG, they are also a monopoly in their market...
I like ISRG too and that is one of the reasons why. I do wish however that they had pursued a different growth path in their real early years like MSFT, CSCO, GMCR, AMZN just to name a few and split their stock - this too little shares outstanding AND 95% of stock in institution and insider hands!! If I didn't already own It in the 120 range, I wouldn't be buying it here and certainly not at 500/600....even though at one time I thought this would be a 800/1000 share stock - in fact, I think it would be there now (equivalently) if they had done that!