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

comp_fig

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.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In: EarningsNewsDividendsBZI-POD
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!