Intuitive Surgical’s market cap currently stands at around $45 billion, not too far below where Google was in 2004.
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Keith Speights (Intuitive Surgical): Alphabet is such a monster now that it’s easy to forget where it was back in 2004. At that time, Google’s market cap hovered around $50 billion. The company’s trailing-12-month revenue stood just under $3 billion. But Google clearly dominated its market as the leading search engine. I think robotic surgical systems maker Intuitive Surgical looks a lot like the Google of 13 years ago.