
NYSE:RMD
This summary was created by AI, based on 3 opinions in the last 12 months.
ResMed Inc. (RMD-N) has emerged as a promising investment with a significant upside noted in recent reviews. Experts highlight the company's dominance in the CPAP machine market, underscoring the low likelihood of customers switching to competitors. Notably, ResMed has reported strong earnings performance over the last four quarters, with a significant year-over-year EPS increase of 37.09%. The company's current P/E ratio of 31.2 is considerably lower than its previous high of 74.5, suggesting potential for further growth. While the dividend yield of 0.76% indicates that ResMed is more focused on growth rather than providing income, its high return on equity of 25.81% positions it favorably within the medical equipment sector, especially given that the average ROE in this industry is only 9.66%.
(A Top Pick Feb 11/16. Up 24%. Up 24%.) Sleep apnea is such an unaware market. 26% of the population have it, and the penetration is less than 15%. Last year, there was a lot of built-up demand for the masks that they create, because the new line was being rolled out. They’ve rolled out the new masks, and there has been more demand than had been expected. The dividend is just under 2%. He is continuing to buy this.
(A Top Pick May 13/16. Up 30.65%.) The leader in sleep apnea, and primarily manufactures the masks. Recently sold his holdings.