Published on 23 Apr 2024 on Insider Monkey via Yahoo Finance

Intuitive Surgical (ISRG) Rose on its Announcement of Launch of a New Robotic System

Baron Funds, an investment management company, released its “Baron Health Care Fund” first quarter 2024 investor letter. A copy of the same can be downloaded here. The fund advanced 8.92% (Institutional Shares) in the quarter compared to an 8.52% gain for the Russell 3000 Health Care Index (benchmark) and a 10.56% increase for the S&P 500 Index. The fund rose 13.61% on an annualized basis since its inception on April 30, 2018, compared to an 11.45% gain for the benchmark and a 14.24% gain for the index. In addition, please check the fund’s top five holdings to know its best picks in 2024.

Baron Health Care Fund featured stocks like Intuitive Surgical, Inc. (NASDAQ:ISRG) in the first quarter 2024 investor letter. Headquartered in Sunnyvale, California, Intuitive Surgical, Inc. (NASDAQ:ISRG) manufactures and markets da Vinci Surgical System. On April 22, 2024, Intuitive Surgical, Inc. (NASDAQ:ISRG) stock closed at $368.93 per share. One-month return of Intuitive Surgical, Inc. (NASDAQ:ISRG) was -5.64%, and its shares gained 27.20% of their value over the last 52 weeks. Intuitive Surgical, Inc. (NASDAQ:ISRG) has a market capitalization of $132.907 billion.