• Thu. Oct 6th, 2022

$100 Invested In This Stock 20 Years Ago Would Be Worth $3,400 Today

ByBenzinga Insights

Aug 3, 2022
$100 Invested In This Stock 20 Years Ago Would Be Worth $3,400 Today

ResMed RMD has outperformed the market over the past 20 years by 11.43% on an annualized basis producing an average annual return of 19.33%. Currently, ResMed has a market capitalization of $35.01 billion.

Buying $100 In RMD: If an investor had bought $100 of RMD stock 20 years ago, it would be worth $3,419.15 today based on a price of $240.11 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.



Image and article originally from www.benzinga.com. Read the original article here.