Shares of surgical tool and medical instrument stocks are trading higher in sympathy with Intuitive Surgical, which gained on strong Q3 earnings.
Portfolio Pulse from Benzinga Newsdesk
Shares of surgical tool and medical instrument stocks are trading higher following Intuitive Surgical's strong Q3 earnings.
October 18, 2024 | 7:51 pm
News sentiment analysis
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POSITIVE IMPACT
Abbott Laboratories' stock is trading higher in sympathy with Intuitive Surgical's strong Q3 earnings.
Abbott Laboratories, being in the same sector, benefits from the positive sentiment generated by Intuitive Surgical's earnings.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
Becton, Dickinson and Company's stock is trading higher due to positive sentiment from Intuitive Surgical's earnings.
Becton, Dickinson and Company benefits from the sector-wide positive sentiment following Intuitive Surgical's earnings.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
Boston Scientific's stock is trading higher in response to Intuitive Surgical's strong Q3 earnings.
Boston Scientific's stock benefits from the positive market sentiment in the medical instruments sector.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
Edwards Lifesciences' stock is trading higher due to the positive impact of Intuitive Surgical's earnings.
Edwards Lifesciences benefits from the positive sentiment in the sector following Intuitive Surgical's earnings.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
Intuitive Surgical's strong Q3 earnings have positively impacted its stock price, leading to a rise in related medical instrument stocks.
Intuitive Surgical's strong earnings report directly influences its stock price positively, as well as other stocks in the same sector.
CONFIDENCE 100
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
Medtronic's stock is trading higher in sympathy with Intuitive Surgical's strong Q3 earnings.
Medtronic benefits from the positive sentiment in the medical instruments sector due to Intuitive Surgical's earnings.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
Stryker Corporation's stock is trading higher following Intuitive Surgical's strong Q3 earnings.
Stryker Corporation benefits from the positive sentiment in the sector following Intuitive Surgical's earnings.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50