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Barchart
Barchart
Neharika Jain

Thermo Fisher Scientific Stock Outlook: Is Wall Street Bullish or Bearish?

TMO

Waltham, Massachusetts-based Thermo Fisher Scientific Inc. (TMO) provides life sciences solutions, analytical instruments, specialty diagnostics, laboratory products, and biopharma services. It is valued at a market cap of $202.8 billion.

This healthcare company has trailed the broader market over the past 52 weeks. Shares of TMO have declined 2.4% over this time frame, while the broader S&P 500 Index ($SPX) has gained 14.4%. Moreover, on a YTD basis, the stock is down 6.8%, compared to SPX’s 1.4% rise.

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