ResMed: breathe deeply & buy

ResMed’s third-quarter results met expectations and offered plenty of reasons for confidence in the long-term growth of this high-quality business.

It’s quite possible that ResMed's senior management are huge fans of Arthurian legend and Monty Python. Their constant talk of the ‘holy grail’ refers to the pinnacle of healthcare provision, combining improved quality of life, slower disease progression and reduced healthcare costs.

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