ResMed Gains 37.8% in a Year: What's Driving the Stock?
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ResMed's stock has gained 37.8% over the past year, driven by strong sales growth in masks and devices. However, there are concerns about the unfavorable macroeconomic environment.
January 03, 2025 | 2:45 pm
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ResMed's stock has increased by 37.8% over the past year due to strong sales in masks and devices. Despite this growth, there are concerns about the macroeconomic environment.
The significant stock price increase is attributed to robust sales growth in masks and devices, which is a positive indicator for the company's performance. However, the mention of an unfavorable macroeconomic scenario suggests potential risks that could impact future performance.
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