Thermo Fisher Scientific (NYSE:TMO) has outperformed the market over the past 10 years by 15.1% on an annualized basis producing an average annual return of 27.09%. Currently, Thermo Fisher Scientific has a market capitalization of $218.08 billion.
Buying $100 In TMO: If an investor had bought $100 of TMO stock 10 years ago, it would be worth $1,111.30 today based on a price of $557.08 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.