ResMed (NYSE:RMD) has outperformed the market over the past 15 years by 3.3% on an annualized basis producing an average annual return of 16.26%. Currently, ResMed has a market capitalization of $27.63 billion.
Buying $1000 In RMD: If an investor had bought $1000 of RMD stock 15 years ago, it would be worth $9,562.07 today based on a price of $188.10 for RMD at the time of writing.
ResMed's Performance Over Last 15 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.