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Leigh Baldwin & Co.

112 Albany Street, Cazenovia, NY 13035 | Phone: (315) 655-2964 Toll Free: 1-800-659-8044

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Diamonds and Dogs

1/22/16

Robots are taking over the world, and making surgery safer for anyone under the knife. Intuitive Surgical (ISRG) hit a new 52 week high today of $580 per share thanks to better than expected earnings of $5.18 a share easily beating estimates of $4.11 per share. The company designs and manufactures the da Vinci Surgical System that allows surgeons to work through small ports instead of open surgery. Revenue also beat expectations by $24 million coming in at $676 million. With so many stocks making 52 week lows it's nice to write about a stock making a new high. Only 14 stocks made new highs today.

Do you have a platinum card, because it might not be worth as much as it use too. American Express Company (AXP) is down 12.5% today making a new 52 week low along with a 7 year low due to disappointing earnings and flat guidance year over year. The credit card giant which counts Warren Buffet as a shareholder has lost about a third of their value over the last year as investors steadily lose faith in the company's direction and its long-tenured CEO Ken Chenault. 2105 has not been kind to Warren Buffett's shares or his holdings in IBM or American Express.

Diamonds and Dogs market commentary is a journal of daily observations on anything that happens to be of interest to our author. Obviously, our primary focus is the stock market and world economic events, but for this page we have no defined topics. We want this page to be dedicated to the interests, concerns, and possibly to the financial gain of our clients and friends. All comments contained herein are for informational purposes only, and should not be considered as a solicitation to buy or sell any security. The firm does not guarantee the accuracy or completeness of the information or make any warranties regarding results from it's usage.