Business
2 growing blue chip ASX shares to buy today
While blue chip shares such as Ramsay Health Care Limited (ASX: RHC) and Sydney Airport Holdings Pty Ltd (ASX: SYD) have had their growth stifled by the pandemic, not all blue chips have been impacted.
Two blue chip ASX shares which are growing at a strong rate are listed below. Here’s why it may not be too late to buy their shares:
ResMed is a medical device company with a focus on sleep disorders. It has been growing at a strong rate over the last 12 months despite the pandemic.
For example, in FY 2020, ResMed delivered a 15% increase in revenue to US$2,957 million and a 32% jump in net income to US$692.8 million.
Pleasingly, this strong form has continued in FY 2021. During the first quarter, the company reported a 10%…
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