For some reason, I've always been drawn to both. So forgive me for being attracted to microcap Luna Innovations (LUNA 3.79) a stock so sleepy it looks like it has overdosed on Lunesta. One of the best stocks for the past 1, 3 or 5 year periods has been Intuitive Surgicals (ISRG 229.97), makers of the minimally invasive da Vinci surgical system. On June 14th, LUNA announced an intellectual product licensing, development and supply agreement with ISRG, and the stock popped to 5.26, closing at 4.66 from 3.75 the day before on heavy volume.On the 18th of this month, LUNA will be at a small cap growth conference and they probably will update on their multi-year collaboration deal with ISRG. Is this developmental product any good? I don't know-but ISRG's COO Gary Guthart should, and he had this to say about it: "We view Luna as the clear technology leader in the area of advanced shape sensing and position tracking systems." The stock is thin, they are a long way from any commercial development with ISRG, but it could be a play on ISRG's "halo" effect. Or instead of picking up a 100 shares, you could buy an iPhone, and get your "halo" effect that way.
2 comments:
You'd be surprised at the people who swarm to the iPhone like moths to a light. If you like attention, the iPhone and its halo is a good way to turn some heads
including me..I'm dumping my Razr!
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