Calling all Bargain Hunters: Stock Update on Masimo Corporation (NASDAQ:MASI)

Savvy investors constantly keep their eyes peeled for bargains and often times they come in the form of stocks under $5.  Recently there has been some buzz surrounding Masimo Corporation (NASDAQ:MASI) stock. As of a recent trade, the shares moved  2.18% from the previous close and are currently price at $148.70.

Here we’ll take a quick glance at how the stock price is currently trading in relation to some of its simple moving averages. At current levels, Masimo Corporation (NASDAQ:MASI) shares have been seen trading -0.60% away from the 20-day moving average. The stock has been recently separated from the 50-day moving average by -1.80%. Using a broader approach, shares have been trading 8.58% off of the 200-day moving average. After the latest check-in, company stock is -7.21% off of the 50 day high and 6.70% away from the 50 day low price.

Even though the stock market has been cranking along and touching record highs, there are bound to be some rough patches in the near future. Some investors may actually welcome a pullback in order to scoop up some stocks at a relative discount. Investors who are on top of things are most likely ready to spring when the next big buying opportunity pops up. Being prepared for a buying opportunity can make the process much easier when the time comes. As investors look ahead to the next round of company earnings reports, the focus may gravitate to those companies that have positioned themselves for sustained future growth. Many investors will be closely monitoring which companies outperform by the largest margin after earnings results are released.

In terms of performance, shares of Masimo Corporation (NASDAQ:MASI) are 38.49% since the start of 2016. Over the past week, shares are 1.43%. Moving out to look at the previous month performance, the stock is at -4.43%. For the quarter, performance is at 0.38%. During the past six months, Masimo Corporation (NASDAQ:MASI)’s stock has been 9.50% and 21.61% for the last 12 months.

Making the tough buy or sell portfolio decisions is a typical challenge that most investors will eventually face. Trying to separate fact from emotion when making these decisions can be hard. It may be very difficult to part ways with a previously prized stock. Investors may have a checklist that includes certain criteria for portfolio evaluation purposes. When certain stocks no longer meet the guidelines, they may need to be cut loose. This is often easier said than done, especially when a stock has provided a large boost to the portfolio in the past. Investors who are able to successfully keep emotional attachment out of the stock picking process may give themselves a leg up compared to those who are not.     

Disclaimer: The views, opinions, and information expressed in this article are those of the authors and do not necessarily reflect the official policy or position of any company stakeholders, financial professionals, or analysts. Examples of analysis performed within this article are only examples. 

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