When I last wrote on MAKO Surgical (MAKO),
I thought investors would be well-served by slowly building a
multi-part position. With the stock up 38% since that piece (and 43%
over the last three months), I'm feeling relatively good about that
call. What's more, MAKO management has helped itself and rebuilt some
credibility with the Street when it comes to guidance and financial
performance. With the shares back in the mid-teens, it's going to take
better utilization numbers for me to get more excited about the shares,
and the trend there is not nearly so positive.
Please follow the link to continue reading:
MAKO Surgical - Rebuilding Credibility, But They Need To Rebuild More Knees
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