The SelloffWhether this translates into fewer elective medical treatments is now a hotly debated topic in the healthcare industry, with Intuitive Surgical, Inc. (NASDAQ:ISRG) emerging as the evident casualty. Intuitive Surgical, Inc. (NASDAQ:ISRG) was the top individual detractor to absolute returns in the quarter. While fundamentals remain solid for Intuitive Surgical, the stock’s multiple has not been immune from the broad de-rating in “quality growth” stocks we’ve seen outside of the AI ecosystem.” The market’s brutal treatment of Intuitive Surgical, Inc. (NASDAQ:ISRG) represents a classic timeline disconnect. Intuitive Surgical, which trades at 33x forward earnings and matches generic medtech peers despite its solid moat, has an extraordinary risk-reward profile.