It's not exactly Intuitive Surgical (ISRG) 2.0, but MAKO Surgical (MAKO) is a growing med-tech name that investors would do well to research. Today's valuation is too rich, but just as Intuitive has given investors some pullbacks so too will MAKO in the future.
Q4 Results Show Good Growth From A Small Base
MAKO did well by its investors for the fourth quarter. Revenue rose 122% and slightly exceeded sell-side expectations. The company sold 18 systems in the quarter (against 33 for all of 2010), and half of them were hip-enabled, bringing the total percentage of hip-enabled RIO systems in the field to 44%.
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MAKO Surgical: Growth Investors Should Buy On Pullback
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