RMD 0.63% $38.11 resmed inc

oversold, page-69

  1. 13,561 Posts.
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    I don’t think it is overvalued. I have been using heart rate monitors for years with great results, and I think RMD is going down the same route. They are buying software companies and monitoring all manner of things related to breathing eg asthma, sleep apnea. They may be developing a CO2 max machine that you can use with an iphone as we speak.
    the PE was over 30 and it is now down to 26. Fairvalue 
     
    Last edited by kennethgalbraith: 29/01/19
 
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