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0.47%

$31.93 resmed inc

Buy RMD now and get great upside returns in a year or two, page-2

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ZhimingLiu

85 Posts.

11

03/11/23

15:55

Post #: 70716740
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Originally posted by ZhimingLiu: ↑

Resmed's (ASX:RMD) continuous positive airway pressure (CPAP) devices andmasks treat sleep apnea.
CPAP has long been thegold standard for treating obstructive sleep apnea (OSA), and ResMed is theleading global supplier.
But as of today, ResMed shares have fallen from $40.13 to $23.51,which would be 71% profits for the trade if it recovers back to $40.13.
The sell-off was triggered by disappointing gross margins andgrowing investor concerns about competition from a new wave of GLP-1weight-loss drugs.However, GLP-1 facesseveral headwinds, including supply constraints, lagging real-world efficacy,side effects, low drug compliance, high costs, and a possible lack of insurancecoverage.

Its attractive valuation currently outweighs the risks it faces.This is a great buyingopportunity for me, bought (ASX:RMD) today.

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RMD announced a cash dividend of USD 0.048 with an ex-date of Nov. 8, 2023

RMD Price at posting: $23.18 Sentiment: Buy Disclosure: Held
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(20min delay)
Last $31.93		Change 0.150(0.47%)		Mkt cap ! $20.24B

Open	High	Low	Value	Volume
$31.78	$31.95	$31.72	$18.90M	592.8K

Buyers (Bids)

No.	Vol.	Price($)
12	1592	$31.92

Sellers (Offers)

Price($)	Vol.	No.
$31.93	341	6

View Market Depth

No.	Vol.	Price($)
11	632	31.920
10	3206	31.910
6	2280	31.900
10	4084	31.890
4	1051	31.880

Price($)	Vol.	No.
31.930	638	10
31.940	10776	7
31.950	11520	6
31.960	722	4
31.970	1170	4

Last trade - 15.56pm 07/06/2024 (20 minute delay)


Last $31.92			Change 0.150 ( 0.61 %)
Open	High		Low	Volume
$31.77	$31.95		$31.72	189067
Last updated 15.59pm 07/06/2024 ?

RMD (ASX) Chart