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With a market cap of $191.7 billion, Thermo Fisher Scientific Inc. (TMO) is a global leader in serving science. Based in Waltham, Massachusetts, It provides innovative solutions across life sciences, diagnostics, analytical instruments, and laboratory products.
Shares of the scientific instrument and laboratory supplies maker have underperformed the broader market over the past 52 weeks. TMO has risen 7.5% over this time frame, while the broader S&P 500 Index ($SPX) has gained 30.5%. In 2024, TMO stock declined 5.6%, compared to SPX's 23.5% YTD gain.