Can This COVID-19 Hero Stock Maintain Its Momentum?
Medical device maker Masimo (NASDAQ: MASI) specializes in non-invasive monitoring equipment, making it well-positioned to fight the COVID-19 pandemic. But while the stock surged through April and May, it's trailing the market averages in June, as recent booms in Masimo's business threaten to erase some of their longer-term growth opportunities. As the company's future appears to arrive ahead of schedule, let's examine whether the company can find ways to keep growing.
Image Source: Masimo
In the company's Q1 earnings report, CEO Joe Kiani said that "nearly everything we track is positive" through the end of March.
Source Fool.com
