If You Invested $1000 In This Stock 15 Years Ago, You Would Have $11,000 Today
Portfolio Pulse from Benzinga Insights
ResMed (NYSE:RMD) has significantly outperformed the market over the past 15 years, delivering an average annual return of 17.24%. A $1000 investment in ResMed 15 years ago would be worth $10,813.40 today. The company's current market capitalization is $31 billion.
June 17, 2024 | 4:00 pm
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ResMed has delivered an impressive average annual return of 17.24% over the past 15 years, significantly outperforming the market. A $1000 investment 15 years ago would now be worth $10,813.40.
The article highlights ResMed's strong historical performance, which is likely to positively influence investor sentiment and potentially drive short-term stock price appreciation.
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