Here's How Much $1000 Invested In Thermo Fisher Scientific 20 Years Ago Would Be Worth Today

Thermo Fisher Scientific TMO has outperformed the market over the past 20 years by 11.6% on an annualized basis producing an average annual return of 19.59%. Currently, Thermo Fisher Scientific has a market capitalization of $230.17 billion.

Buying $1000 In TMO: If an investor had bought $1000 of TMO stock 20 years ago, it would be worth $34,735.57 today based on a price of $589.81 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.