Here's How Much You Would Have Made Owning ResMed Stock In The Last 15 Years
Portfolio Pulse from Benzinga Insights
Over the past 15 years, ResMed (NYSE:RMD) has delivered an average annual return of 16.58%, outperforming the market by 3.87% annually. With a current market capitalization of $27.51 billion, an initial investment of $1000 in RMD would have grown to $10,104.11 today.
April 15, 2024 | 4:00 pm
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ResMed has significantly outperformed the market over the past 15 years, with an investment growing over tenfold.
The article highlights ResMed's exceptional performance over the last 15 years, indicating a strong track record of growth. This historical performance, especially the significant return on investment, suggests a positive outlook for the stock in the short term, assuming the company maintains its growth trajectory.
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