Here's How Much You Would Have Made Owning Thermo Fisher Scientific Stock In The Last 20 Years
Portfolio Pulse from Benzinga Insights
Thermo Fisher Scientific (NYSE:TMO) has delivered an average annual return of 16.16% over the past 20 years, outperforming the market by 8.16%. A $100 investment in TMO 20 years ago would be worth $2,069.22 today. The company's current market capitalization stands at $219.66 billion.
May 03, 2024 | 6:30 pm
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Thermo Fisher Scientific has shown remarkable performance over the past 20 years with an average annual return of 16.16%, significantly outperforming the market.
The historical performance of Thermo Fisher Scientific over the past two decades highlights the company's strong and consistent growth, outpacing the broader market. This track record of significant returns suggests a positive outlook for TMO's stock in the short term, as investors may be drawn to its proven ability to generate wealth over time.
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