Thursday, April 23, 2009
Brian Richards :: Townhall.com Columnist
Wonderful Company, but Is the Price Fair?
by Brian Richards
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Years from now, when we think back to the Great Stock Market Implosion of '08-'09, we'll remember the epic falls from grace at Bear Stearns, Lehman Brothers, Fannie Mae and Freddie Mac , Intuitive Surgical (Nasdaq: ISRG), AIG , Citigroup , et al.

… Wait, Intuitive Surgical?

How has a company with a four-year annualized earnings growth rate of 72% ended up among the hardest-hit victims of the credit crunch and bear market? Since Jan. 1, 2008, Intuitive Surgical has lost 61% of its value (at one point it was down 74%!); by comparison, the bailed-out disaster that is Bank of America (NYSE: BAC) is down 78% over that same time period. Continued...

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Brian Richards is a Motley Fool contributor.

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