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Why Do You Still Own MAKO Surgical?

By Steve Symington – Nov 22, 2013 at 12:21PM

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MAKO Surgical is trading near 52-week-highs, but that's not why one Fool thinks it's a bad idea to own the stock right now.

Thanks to a $30 per share acquisition offer from Stryker Corporation (SYK -0.26%) in September, shares of MAKO Surgical (MAKO.DL) are unsurprisingly trading near 52-week-highs.

To be sure, that's great for anyone who bought MAKO Surgical over the past year before the announcement. But unless you're waiting to sell to take advantage of lower long-term capital gains taxes, it doesn't look like a great idea to continue holding your shares at this point, says Fool contributor Steve Symington in the following video.

To understand why, and to hear some good alternatives for putting your hard-earned money back to work, check out the video below to get Steve's full take.

Fool contributor Steve Symington owns shares of iRobot. The Motley Fool recommends Intuitive Surgical and iRobot. The Motley Fool owns shares of Intuitive Surgical. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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