If You Invested $100 In Thermo Fisher Scientific Stock 10 Years Ago, You Would Have This Much Today

Thermo Fisher Scientific Inc. +0.61% Pre

Thermo Fisher Scientific Inc.

TMO

494.54

494.54

+0.61%

0.00% Pre

Thermo Fisher Scientific (NYSE:TMO) has outperformed the market over the past 10 years by 2.35% on an annualized basis producing an average annual return of 15.14%. Currently, Thermo Fisher Scientific has a market capitalization of $212.42 billion.

Buying $100 In TMO: If an investor had bought $100 of TMO stock 10 years ago, it would be worth $415.83 today based on a price of $563.07 for TMO at the time of writing.

Thermo Fisher Scientific's Performance Over Last 10 Years

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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.