I like companies that are riding really big trends. Robotic surgery certainly fits the bill. If that is not the wave of the future what is?
This company has wonderful technology and is growing like mad. The bad news is the rating. A PE ratio in the sixties is not exactly bargain basement but then this share is all about growth. If it delivers the shares are cheap; if not they are history.
The firm's products take minimally invasive surgery to the next level. Keyhole surgery, as it is also known, is good news because it is better for the patients and cuts costs because they don’t need to stay in hospital so long occupying expensive hospital beds.
One limiting factor on key hole surgery is the skill levels required from surgeons. This company's technology removes that bottle neck by making the surgery much easier to perform. It has also extended the range to other types of operations.
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