$1000 Invested In ResMed 10 Years Ago Would Be Worth This Much Today
ResMed Inc. RMD | 246.83 246.83 | -3.61% 0.00% Pre |
ResMed (NYSE:RMD) has outperformed the market over the past 10 years by 5.16% on an annualized basis producing an average annual return of 15.88%. Currently, ResMed has a market capitalization of $29.13 billion.
Buying $1000 In RMD: If an investor had bought $1000 of RMD stock 10 years ago, it would be worth $4,377.32 today based on a price of $198.03 for RMD at the time of writing.
ResMed's Performance Over Last 10 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.