If You Invested $1000 In This Stock 20 Years Ago, You Would Have $16,000 Today
Portfolio Pulse from Benzinga Insights
ResMed (NYSE:RMD) has significantly outperformed the market over the past 20 years, delivering an average annual return of 14.82%. A $1000 investment in RMD 20 years ago would be worth $15,784.26 today. The article highlights the power of compounded returns over time.
July 26, 2024 | 4:00 pm
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ResMed has shown strong performance over the past 20 years, significantly outperforming the market with an average annual return of 14.82%. This highlights the company's consistent growth and the power of compounded returns.
The article emphasizes ResMed's strong historical performance and the benefits of long-term investment, which is likely to positively influence investor sentiment and potentially drive short-term stock price appreciation.
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