Thermo Fisher Scientific (NYSE:TMO) has outperformed the market over the past 20 years by 4.13% on an annualized basis producing an average annual return of 13.31%. Currently, Thermo Fisher Scientific has a market capitalization of $167.88 billion.
Buying $1000 In TMO: If an investor had bought $1000 of TMO stock 20 years ago, it would be worth $12,201.42 today based on a price of $445.00 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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