Thermo Fisher Scientific (NYSE:TMO) has outperformed the market over the past 20 years by 11.13% on an annualized basis producing an average annual return of 18.36%. Currently, Thermo Fisher Scientific has a market capitalization of $231.68 billion.
Buying $100 In TMO: If an investor had bought $100 of TMO stock 20 years ago, it would be worth $2,896.53 today based on a price of $592.24 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.
