Thermo Fisher Scientific TMO has outperformed the market over the past 5 years by 15.77% on an annualized basis producing an average annual return of 24.13%. Currently, Thermo Fisher Scientific has a market capitalization of $223.73 billion.
Buying $1000 In TMO: If an investor had bought $1000 of TMO stock 5 years ago, it would be worth $2,966.64 today based on a price of $570.45 for TMO at the time of writing.
Thermo Fisher Scientific's Performance Over Last 5 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.