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MASI - Masimo Corporation: Logical Expansion To Leverage Its Existing Portfolio
Masimo Corporation
2024-02-21 05:30:54 ET
Summary
Masimo's core segment in Professional Healthcare could have support into a multi-year growth based on current growth of Unrecognized Contract Value growth.
Expansion into the consumer space is a logical extension to leverage its core tech and segment growth.
Initially, higher cost could be paid off over the future scale-up of product offering and sale channel growth.