|
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... |