Masimo (MASI) Gains Nearly 18% YTD: What's Driving the Rally?

Masimo (MASI) is witnessing strong momentum, with its shares having rallied 17.9% year to date compared with 3.4% growth of the industry. The S&P 500 Composite has risen 6.3% during the same time frame.With healthy fundamentals and strong growth opportunities, this Zacks Rank #3 (Hold) company appears to be a solid wealth creator for its investors at the moment.Headquartered in Irvine, CA, Masimo develops, manufactures and markets a family of non-invasive monitoring systems. The company derives the majority ...