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.
CONFIDENCE 90
IMPORTANCE 50
RELEVANCE 100