Here's Why You Should Add Masimo Stock to Your Portfolio Now

Masimo Corporation (MASI) is well-poised for growth in the coming quarters, courtesy of its research and development (R&D) efforts. The optimism, led by a solid second-quarter 2024 performance and solid product portfolio, is expected to contribute further. However, concerns regarding overdependence on its Signal Extraction Technology ("SET") unit and macroeconomic issues persist. Over the past year, this Zacks Rank #1 (Strong Buy) company's shares have gained 18.4% compared with the industry's 7.1% growth. ...