Here's How Much You Would Have Made Owning Thermo Fisher Scientific Stock In The Last 10 Years
Portfolio Pulse from Benzinga Insights
Thermo Fisher Scientific (NYSE:TMO) has delivered an average annual return of 17.2% over the past 10 years, outperforming the market by 6.41% on an annualized basis. With a current market capitalization of $221.16 billion, an initial investment of $100 in TMO stock a decade ago would be worth $494.22 today.
April 10, 2024 | 4:00 pm
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POSITIVE IMPACT
Thermo Fisher Scientific has shown a strong performance over the past decade with an average annual return of 17.2%, significantly outperforming the market.
The significant outperformance of Thermo Fisher Scientific (TMO) compared to the market over the past decade, as highlighted by its 17.2% average annual return and the substantial growth of an initial $100 investment into $494.22, underscores the company's strong financial health and market position. This historical performance is likely to positively influence investor sentiment and could lead to increased demand for TMO shares in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100