Though it was a strong day on the market today, two stocks really took a hit. Intuitive Surgical (NASDAQ: ISRG ) was down today after the company warned that its first-quarter revenue would be down by about 24%. Meanwhile, Toyota (NYSE: TM ) stock sold off a bit today, on the news that it was issuing a recall of 6.4 million vehicles worldwide.
In this segment from Wednesday's Investor Beat, host Chris Hill and Motley Fool analyst Matt Argersinger discuss why this seemingly massive pullback in revenue for Intuitive Surgical may not be as bad as it seems long term, and why Toyota's recall may be a case of bad timing.
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