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ResMed Inc. (RMD): A Bull Case Theory

We came across a bullish thesis on ResMed Inc. (RMD) on Substack by LongTermValue Research. In this article, we will summarize the bulls’ thesis on RMD. ResMed Inc. (RMD)'s share was trading at $223 as of April 2nd. RMD’s trailing and forward P/E were 26.33 and 21.79 respectively according to Yahoo Finance.

[caption id="attachment_1223299" align="aligncenter" width="768"] A doctor pointing to a graph representing the diagnosis of a patient's sleep apnea.[/caption]

ResMed (RMD), a $32.5 billion healthcare equipment leader, specializes in medical devices for sleep disorders,...