Pandemic Demonstrates The Importance Of Masimo’s Remote Monitoring Technology

  • The company sees surging demand for its remote monitoring technology and solutions from the pandemic and much of this is likely to last post-pandemic.
  • However, the exact monetary effect is uncertain and management withdrew 2020 guidance.
  • While there is headwind from the collapse in elective procedures, this is temporary while the enhanced benefits of remote monitoring will endure post-pandemic.
  • Keep in mind that valuation multiple’s are really quite stretched, but present market conditions are very tolerant of that but this might not last forever though.

Source: Pandemic Demonstrates The Importance Of Masimo’s Remote Monitoring Technology (NASDAQ:MASI) | Seeking Alpha