Here's How Much $1000 Invested In Thermo Fisher Scientific 20 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Thermo Fisher Scientific (NYSE:TMO) has delivered an average annual return of 16.48% over the past 20 years, outperforming the market by 9.1% annually. A $1000 investment in TMO 20 years ago would be worth $20,895.04 today. The company's current market capitalization stands at $209.99 billion.
January 03, 2024 | 2:30 pm
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Thermo Fisher Scientific has significantly outperformed the market with a 20-year average annual return of 16.48%, and a $1000 investment made 20 years ago would now be worth $20,895.04.
The historical performance of Thermo Fisher Scientific is impressive, but past performance does not guarantee future results. The information is retrospective and may not have a direct short-term impact on the stock price. However, it does highlight the company's strong track record, which could positively influence investor perception and potentially support the stock's stability or growth.
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