$100 Invested In This Stock 20 Years Ago Would Be Worth This Much Today – Thermo Fisher Scientific (NYSE:TMO)

Thermo Fisher Scientific TMO has outperformed the market over the past 20 years by 6.79% on an annualized basis producing an average annual return of 15.43%. Currently, Thermo Fisher Scientific has a market capitalization of $185.14 billion.

Buying $100 In TMO: If an investor had bought $100 of TMO stock 20 years ago, it would be worth $1,758.96 today based on a price of $490.75 for TMO at the time of writing.

Thermo Fisher Scientific’s Performance Over Last 20 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.