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.
Chris Hill has no position in any stocks mentioned. Matthew Argersinger has no position in any stocks mentioned. The Motley Fool recommends Intuitive Surgical. The Motley Fool owns shares of Intuitive Surgical. Try any of our Foolish newsletter services free for 30 days. 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.