Thermo Fisher Scientific (NYSE:TMO) has outperformed the market over the past 15 years by 7.25% on an annualized basis producing an average annual return of 18.78%. Currently, Thermo Fisher Scientific has a market capitalization of $231.45 billion.
Buying $1000 In TMO: If an investor had bought $1000 of TMO stock 15 years ago, it would be worth $13,586.15 today based on a price of $606.35 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.