Thermo Fisher is an American company that supplies scientific instruments, materials, consumables, and software. The company makes laboratory equipment and serves healthcare, biotechnology, and pharmaceutical industries. Learn the latest information and analysis on the company, TMO stock price today, stock news, how much one share costs and other information to help you make investment decisions.
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Thermo Fisher was established through a merger between Thermo Electron and Fisher Scientific in 2006, and acquired a variety of businesses from 2013 to 2018. The company is a major supplier of analytical and diagnostic equipment and supplies, and was authorized by the FDA to produce a SARS-CoV-2 test.
The company has demonstrated strong growth and has great potential for future growth. The healthcare sector is great as a whole at a time of market uncertainty, but TMO is in a great position to outperform.
The Thermo Fisher stock price fell by almost 20% in Q1 2022, which makes the current price of $525 a good entry point for those who are prepared to wait several years.
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