ResMed (NYSE:RMD) has outperformed the market over the past 20 years by 11.66% on an annualized basis producing an average annual return of 18.75%. Currently, ResMed has a market capitalization of $30.88 billion.
Buying $100 In RMD: If an investor had bought $100 of RMD stock 20 years ago, it would be worth $3,031.12 today based on a price of $211.12 for RMD at the time of writing.
ResMed’s Performance Over Last 20 Years
Finally — what’s the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.