RMD - Here's How Much a $1000 Investment in ResMed Made 10 Years Ago Would Be Worth Today | Benzinga
How much a stock's price changes over time is important for most investors, since price performance can both impact your investment portfolio and help you compare investment results across sectors and industries.
Another thing that can drive investing is the fear of missing out, or FOMO. This particularly applies to tech giants and popular consumer-facing stocks.
What if you'd invested in ResMed (NYSE: RMD) ten years ago? It may not have been easy to hold on to RMD for all that time, but if you did, how much would your investment be worth today?
ResMed's Business In-Depth
With that in mind, let's take a look at ResMed's main business drivers.
ResMed, Inc. holds a major position as designer, manufacturer, as well as a distributor in the worldwide market for generators, masks, and related accessories for the treatment of sleep-disordered breathing (SDB) and other respiratory disorders. SDB includes obstructive sleep apnea (OSA) and other respiratory disorders that occur during sleep.
The company currently has two operating segments, which are the Sleep and Respiratory Care segment (88.2% of total revenues in fiscal 2023) and the Software-as-a-Service ("SaaS") segment (approximately 11.8% in fiscal 2023). In ...