$1000 Invested In This Stock 15 Years Ago Would Be Worth $11,000 Today
Portfolio Pulse from Benzinga Insights
ResMed (NYSE:RMD) has outperformed the market over the past 15 years, producing an average annual return of 17.38%. If an investor had bought $1000 of RMD stock 15 years ago, it would be worth $11,279.75 today. The company currently has a market capitalization of $31.55 billion.
June 28, 2023 | 7:30 pm
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ResMed's stock has shown strong performance over the past 15 years, providing an average annual return of 17.38%. This historical performance may attract investors.
The news highlights the strong historical performance of ResMed's stock, which has outperformed the market over the past 15 years. This could potentially attract more investors to the stock, driving up its price in the short term.
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