ResMed, Inc. (NYSE:RMD)
The Company is a developer, manufacturer and distributor of medical equipment for treating, diagnosing, and managing sleep-disordered breathing and other respiratory disorders.
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A clear winner in it's field. Main competitor appears to be RESP. Financials are very strong and they were recently upgraded by an Analyst. They're due to report on 2/6/2007 and I'm hoping for some upside. Currently a Mid-Cap.
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Resmed makes high quality continuous positive airway pressure machines for people with sleep apnea. In addition to being a user of their products I'm impressed by their steay three year growth. Look around and count how many sleep disorder clinics you see on your way to work or play. This is a disorder that is booming in both diagnosis and treatment.
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Sleep problems appear to be an old problem that the medical profession is now making a lot of money on.
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Resmed management is top notch
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Some competition but field wide open for this disease
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Resmed makes equipment for sleep apnea, which is caused by obesity. With the obesity epidemic this is a growth stock.
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Forbes Top Mid-Cap Stocks and also a CAP favorite.
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Everyone needs quality sleep. RMD products achieve this without surgery. Expanding market due to greater awareness. Only significant competition is RESP. Record earnings growth over 7 years. No debt
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Medicine is just beginning to recognize snoring and sleep apnea...it is a growing industry.
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Very favorable long-term population demographics (obesity). Strong owner manager.
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Quality product -- no close competitor although this could change. I agree with others that as boomers age, sleep orders will increase. Given there are solutions such as Resmed, this has to be a growing market.
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As the population ages and sleep disorders rise, these guys will keep growing.
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As more people fall victim to the advertising of junk food as "health, normal food" and insist on living the life of instant gratification by popping diet pills that promise to take off the pounds, we will see more people falling victim to morbid obesity. With it comes complications of asthma. The latter is also increased by those who pick up the smoking habit and by environmental pollution. ResMed's specialty is in breathing aparati for those who have difficulty breathing.
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Premier company in providing sleep apnia therapy. Strong and consistent management. Strong and sustained earnings growth over several years.
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ResMed, make sleep apnea breathing masks. Huge untapped market. Niche product & market leader.
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