If You Invested $1000 In This Stock 5 Years Ago, You Would Have $2,400 Today
Portfolio Pulse from Benzinga Insights
Thermo Fisher Scientific (NYSE:TMO) has delivered an average annual return of 19.16% over the past 5 years, outperforming the market by 4.76% on an annualized basis. A $1000 investment in TMO 5 years ago would be worth $2,360.53 today. The company's market capitalization stands at $200.89 billion.
December 18, 2023 | 4:30 pm
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Thermo Fisher Scientific has shown strong performance with a 19.16% average annual return over the past 5 years, turning a $1000 investment into $2,360.53.
The historical performance of TMO has been strong, indicating a robust business model and good management. This track record may continue to instill investor confidence and attract more investment, potentially driving the stock price up in the short term.
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