If You Invested $1000 In This Stock 15 Years Ago, You Would Have $15,000 Today

Thermo Fisher Scientific TMO has outperformed the market over the past 15 years by 6.86% on an annualized basis producing an average annual return of 19.42%. Currently, Thermo Fisher Scientific has a market capitalization of $213.66 billion.

Buying $1000 In TMO: If an investor had bought $1000 of TMO stock 15 years ago, it would be worth $14,579.53 today based on a price of $553.00 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.