Here's How Much You Would Have Made Owning Thermo Fisher Scientific Stock In The Last 20 Years
Benzinga · 4d ago
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Thermo Fisher Scientific (NYSE:TMO) has outperformed the market over the past 20 years by 6.51% on an annualized basis producing an average annual return of 14.67%. Currently, Thermo Fisher Scientific has a market capitalization of $155.19 billion.
Buying $100 In TMO: If an investor had bought $100 of TMO stock 20 years ago, it would be worth $1,584.63 today based on a price of $411.37 for TMO at the time of writing.
Thermo Fisher Scientific's Performance Over Last 20 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.
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