Masimo (NASDAQ:MASI) has outperformed the market over the past 10 years by 8.57% on an annualized basis producing an average annual return of 19.92%. Currently, Masimo has a market capitalization of $7.74 billion. Buying $1000 In MASI: If an investor had bought $1000 of MASI stock 10 years ago, it would be worth $6,316.76 today based on a price of $144.66 for MASI at the time of writing. Masimo’s Performance Over Last 10 YearsFinally — what’s the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth ove…