Hello Friends! Thanks so much for stopping by and visiting my blog, Stock Picks Bob's Advice. As you probably realize from the prior post, I sold a portion of my Hibbett (HIBB) at a very nice gain. Since I am now under 25 positions, that "entitles" me to add a new position.
Scanning the list of top % gainers on the NYSE, I recognized ResMed, Inc. (RMD) which was second on the list, trading, as I write, at $59.65, up $6.66 or 12.57% on the day.
ResMed has great numbers, recently came out with a postive quarterly report, and is involved in sleep apnea machines and equipment....selling CPAP treatments, a growing area in the medical field.
So, a few moments ago, I purchased 120 shares for my "trading portfolio", my REAL account (!), at $59.67/share.
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