If You Invested $100 In This Stock 15 Years Ago, You Would Have $900 Today
Portfolio Pulse from Benzinga Insights
Over the past 15 years, ResMed (NYSE:RMD) has delivered an average annual return of 15.97%, outperforming the market by 3.76% on an annualized basis. A $100 investment in RMD 15 years ago would be worth $930.52 today. ResMed currently has a market capitalization of $25.95 billion.
January 10, 2024 | 5:00 pm
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ResMed (NYSE:RMD) has shown strong long-term performance with an average annual return of 15.97% over the past 15 years, significantly outperforming the market.
The historical performance of ResMed is indicative of the company's strong growth and stability over a significant period. This track record is likely to instill confidence in investors, potentially leading to a positive short-term impact on the stock price as it highlights the company's success in generating compounded returns.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100