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For new and old investors, taking full advantage of the stock market and investing with confidence are common goals.
Achieving those goals is made easier with the Zacks Style Scores, a unique set of guidelines that rates stocks based on popular investing methodologies, namely value, growth, and momentum. The Style Scores can help you narrow down which stocks are better for your portfolio and which ones can beat the market over the long-term.
Why This 1 Growth Stock Should Be On Your Watchlist
Growth investors build their portfolios around companies that are financially strong and have a bright future, and the Growth Style Score helps take projected and historical earnings, sales, and cash flow into account to uncover stocks that will see long-term, sustainable growth.
Masimo (MASI)
Irvine, CA-based Masimo Corporation develops, manufactures and markets a family of non-invasive monitoring systems. The company has two segments: Healthcare revenues (66.6% of FY24 revenues, up 9.4% from FY23) and Non-healthcare revenues (33.4%, down 9.5%).
MASI is a Zacks Rank #1 (Strong Buy) stock, with a Growth Style Score of A and VGM Score of B. Earnings are expected to grow 20% year-over-year for the current fiscal year, with sales growth of 27.6%.
Five analysts revised their earnings estimate upwards in the last 60 days for fiscal 2025. The Zacks Consensus Estimate has increased $0.67 to $5.28 per share. MASI boasts an average earnings surprise of 14.4%.
Masimo is also cash rich. The company has generated cash flow growth of 10.7%, and is expected to report cash flow expansion of 13% in 2025.
With solid fundamentals, a good Zacks Rank, and top-tier Growth and VGM Style Scores, MASI should be on investors' short lists.
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Masimo Corporation (MASI) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).