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If Exxon Mobile's most recent quarter was "hairy," then Intuitive Surgical's report was anything but.
On Monday's Mad Money, Cramer explained how Wall Street refers to less-than-perfect earnings as those "with hair on them." Take Exxon Mobile [XOM
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], for example. The oil bellwether posted a huge beat, but it was fueled by unsustainable one-time gains.
Intuitive Surgical [ISRG
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], though, gave Wall Street just wanted it wanted. The maker of the Da Vinci surgical system saw tremendous increases in accelerated revenue growth, recurring revenues, international sales and units sold. All this and the company issued great upside guidance to boot.
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Wall Street gushed with praise: "Another Da Vinci Masterpiece," Deutsche Bank said. "4Q results were impressive; Hard to argue with stellar results," said Jeffries. The accolades were in sharp contrast to traders' response to Exxon: Shares dropped 45 cents Friday on the report.
"It's all about the hair, or lack thereof," Cramer said. "ISRG's baldness is beautiful, and I say buy, buy, buy."
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