Thermo Fisher Scientific TMO has outperformed the market over the past 10 years by 13.25% on an annualized basis producing an average annual return of 23.54%. Currently, Thermo Fisher Scientific has a market capitalization of $198.14 billion.
Buying $1000 In TMO: If an investor had bought $1000 of TMO stock 10 years ago, it would be worth $8,282.67 today based on a price of $505.74 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.
© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.