$1000 Invested In This Stock 10 Years Ago Would Be Worth This Much Today

Thermo Fisher Scientific TMO has outperformed the market over the past 10 years by 5.75% on an annualized basis producing an average annual return of 16.83%. Currently, Thermo Fisher Scientific has a market capitalization of $226.56 billion.

Buying $1000 In TMO: If an investor had bought $1000 of TMO stock 10 years ago, it would be worth $4,800.04 today based on a price of $592.33 for TMO at the time of writing.

Thermo Fisher Scientific's Performance Over Last 10 Years

Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.

This article was generated by Benzinga's automated content engine and reviewed by an editor.