Here's How Much You Would Have Made Owning Thermo Fisher Scientific Stock In The Last 5 Years
Portfolio Pulse from Benzinga Insights
Thermo Fisher Scientific (NYSE:TMO) has delivered an average annual return of 16.82% over the past 5 years, outperforming the market by 4.18% on an annualized basis. With a current market capitalization of $214.86 billion, an investment of $100 in TMO stock 5 years ago would be worth $213.77 today.
February 27, 2024 | 2:30 pm
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POSITIVE IMPACT
Thermo Fisher Scientific has shown a strong performance over the past 5 years with an average annual return of 16.82%, significantly outperforming the market.
The significant outperformance of Thermo Fisher Scientific (TMO) compared to the market over the past 5 years, as indicated by its 16.82% average annual return, suggests a strong and stable growth trajectory for the company. This performance, coupled with a substantial market capitalization of $214.86 billion, reflects positively on the company's financial health and operational success, likely leading to continued investor confidence and potential stock price appreciation in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100