This is indeed a quality stock, which, is a core of my portfolio.
However it is already fully priced for that quality and if you believe that it will reach $20 in the next 7/8 months I suggest that you would be better off taking your money to a casino for your expectations are out of kilter with the reality of sensible investing. In a few years time $20 will probably be easily achieved and that is what you should hold this stock for. We can always dream but don't set yourself up for disappointment.
Ann: ResMed Announces Results for the Third Quarter of FY 2018, page-3
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Last
$37.28 |
Change
0.200(0.54%) |
Mkt cap ! $22.38B | |||
| Open | High | Low | Value | Volume |
| $37.50 | $37.55 | $37.15 | $17.93M | 480.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3363 | $37.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $37.30 | 1001 | 2 |
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| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| RMD (ASX) Chart |
