Tuesday, February 27, 2018

TRXC

Thoughts on this stock? In my opinion it could be a winner long term and here's why...Robotic surgery. Statistically speaking, robotic surgery is expected to grow in the next decade. There is currently only one big time player in the robotic surgery field with not much if any competition. ISGR. They have been around for about 15 years and have a market cap of about 48.4 billion. That's pretty fierce. Now imagine if any of that can be captured by an up and coming company. Last October the FDA cleared a challenger with another (RASD) Robotically assisted surgical device for minimally invasive surgery. In comes (TRXC) TransEnterix with the new FDA approved Senhance robot. Can they take some of that market share? Apparently this machine has haptic feedback and 3D vision that the competition lacks. As of now from my research they haven't sold any but the earnings report next week might say otherwise. To me, it will take time to get this machine to market but the upside just seems like it could be huge. Thoughts?



Submitted February 27, 2018 at 05:27PM by MybellyYourbacK http://ift.tt/2GPp32w

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