Here's How Much $100 Invested In ResMed 20 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
ResMed (NYSE:RMD) has outperformed the market over the past 20 years by 8.89% on an annualized basis, producing an average annual return of 16.6%. If an investor had bought $100 of RMD stock 20 years ago, it would be worth $2,198.84 today.
July 11, 2023 | 2:01 pm
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ResMed's stock has shown strong performance over the past 20 years, outperforming the market by 8.89% on an annualized basis.
The article highlights the strong performance of ResMed's stock over the past 20 years, which indicates its potential for long-term investment. This could attract more investors, potentially driving up the stock price in the short term.
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