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Here's How Much You Would Have Made Owning ResMed Stock In The Last 15 Years

Author: Benzinga Insights | February 01, 2024 04:00pm

ResMed (NYSE:RMD) has outperformed the market over the past 15 years by 3.62% on an annualized basis producing an average annual return of 15.8%. Currently, ResMed has a market capitalization of $28.43 billion.

Buying $100 In RMD: If an investor had bought $100 of RMD stock 15 years ago, it would be worth $961.83 today based on a price of $193.28 for RMD at the time of writing.

ResMed's Performance Over Last 15 Years

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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.

Posted In: RMD

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