If You Invested $1000 In This Stock 15 Years Ago, You Would Have $13,000 Today
Portfolio Pulse from Benzinga Insights
Thermo Fisher Scientific (NYSE:TMO) has significantly outperformed the market over the past 15 years, with an annualized return of 19.03%. A $1000 investment in TMO 15 years ago would be worth $13,025.01 today, highlighting the power of compounded returns.
September 09, 2024 | 6:00 pm
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Thermo Fisher Scientific has shown strong performance over the past 15 years, with an annualized return of 19.03%. A $1000 investment 15 years ago would now be worth $13,025.01, demonstrating the impact of compounded returns.
The article highlights Thermo Fisher Scientific's strong historical performance, which is likely to positively influence investor sentiment and potentially drive short-term stock price appreciation. The focus on compounded returns underscores the company's consistent growth, making it attractive to long-term investors.
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