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 first-quarter 2024 performance and its 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 #2 (Buy) company’s shares have lost 7.1% against the industry’s 6% growth. The S&P 500 has ...