If You Invested $1000 In This Stock 20 Years Ago, You Would Have $17,000 Today

ResMed (NYSE:RMD) has outperformed the market over the past 20 years by 7.47% on an annualized basis producing an average annual return of 15.05%. Currently, ResMed has a market capitalization of $25.31 billion.

Buying $1000 In RMD: If an investor had bought $1000 of RMD stock 20 years ago, it would be worth $16,731.52 today based on a price of $172.10 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.