Here's How Much You Would Have Made Owning ResMed Stock In The Last 5 Years - ResMed (NYSE:RMD)

2023-07-28 - Scroll down for original article

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ResMed RMD has outperformed the market over the past 5 years by 5.93% on an annualized basis producing an average annual return of 16.1%. Currently, ResMed has a market capitalization of $32.78 billion. Buying $1000 In RMD: If an investor had bought $1000 of RMD stock 5 years ago, it would be worth $2,132.94 today based on a price of $223.11 for RMD at the time of writing. ResMed's Performance Over Last 5 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.