Tag Archives: mako

Mako Surgical Corp (MAKO)

 

When  NuVasive (NUVA) reported an earnings miss on October 4th, folks feared a slowdown in the medical device sector and sold off some of the more vulnerable companies like Mako Surgical Corp(MAKO).  Two days prior Mako Surgical Corp(MAKO) stood at $18.32 and on that day it fell to $15.32, Over the next few weeks Mako Surgical Corp(MAKO) continued to fade to $14.18 and seemed headed to it's August low of  $11.99. That was until Intuitive Surgical reported a massive beat in it's earnings report yesterday.

That should be enough to spark a rally back under Mako Surgical Corp(MAKO) shares back near $18-19 short term. Folks are usually late to the party, and the bandwagon can get full, but now is a good time to look at Mako Surgical Corp(MAKO) before folks bid her up too high.

We currently hold the $15 and $17.50 OCT calls.

This weeks Earnings Preview: WYNN, MAKO, PRX, FOSL, PCLN, SODA

Earnings plays can be very rewarding for those who are on the right side of the trade via options. Apple (AAPL) and Amazon (AMZN) catapulted 10%+ on their earnings report the last two weeks, while Green Mountain Coffee Roasters (GMCR) fell 50% on theirs. Which will be the one to bring option players the 1000%+ gain in the coming week? Here are a few we have on radar for next week, and my thoughts.

(Subscribers read on...)

MAKO… Not the shark…

Everyone is always looking for the next Apple, the next NFLX, the next AMZN... the next revolutionary company that is currently trading under the radar. The next stock that will turn your 401k into an 801k. The one that will turn your thousands into hundreds of thousands. Just type a search into google for the next big stock, and you will see there are many others on the same mision. And of course, many folks who already advertise a stock as the next big thing.

One of those stocks we were alerted to was MAKO, a medical device company that markets its advanced robotic arm solution and orthopedic implants for orthopedic procedures. Is this the next big stock? Well how could it be, as there is already a market leader in ISRG (Intuitive Surgical, Inc.).

But what we do have with MAKO, is a company that is really starting to grow and turn profitable. MAKO is up from the high 20's over the past 2 weeks, on some nice revenue news as well as the JP Morgan medical conference of 2012. We recommended the $30 calls last week, and like MAKO to test the $40 range in the next week.