Benzinga - by Benzinga Insights, Benzinga Staff Writer.
Thermo Fisher Scientific (NYSE:TMO) has outperformed the market over the past 15 years by 7.51% on an annualized basis producing an average annual return of 21.03%. Currently, Thermo Fisher Scientific has a market capitalization of $226.24 billion.
Buying $100 In TMO: If an investor had bought $100 of TMO stock 15 years ago, it would be worth $1,733.13 today based on a price of $593.32 for TMO at the time of writing.
Thermo Fisher Scientific's Performance Over Last 15 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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