After reading that, I instantly thought of among my favorite momo's - INTUITIVE SURGICAL (NasdaqGS:ISRG) -
Valuation isdefinitelyy lofty, but the company continues to beat analyst estimates and at $1 million per machine, the company only has to sell 1000 Da Vinci's to do a billion in sales. With that kind of potential, I'm buying and holdinguntill the story is folding.
DISCLOSURE: I maybe long the stocks mentioned above for myself and clients. Not a recommendation to buy or sell any security. The information above has been obtained from sources we believe to be reliable, but its accuracy cannot be guaranteed. The author and affiliatess shall have no obligation to update or amend any information contained above. For informational and educational purposes only.