Thermo Fisher Scientific Inc has lately been making waves in the market. Their SWOT review reflects their strategic positioning while their stock portfolio witnesses notable buy-ins from Principal Securities Inc and Stephens Inc. AR, among others. In spite of CEO's recent sale of shares worth over $11 million triggering some hesitancy, the company continues to fair well in the market enhancing the myeloid cancer clinical research and treatment with next-generation sequencing technology. Q3 2024 financials reveal steady financial performance, while displaying a resilient ability to thrive even amid a revenue dip and sell-offs by insiders. A review of the company's intrinsic value coupled with growth in the last five years indicates a strong position, which is further cemented by profit forecast based on strong demand for Thermo's tools and services. The company has hosted their 2024 Investor Day showcasing their compelling prospects. A key highlight is their clearance from UK's competition regulator for the $3.1 billion Thermo Fisher Scientific-Olink deal. Despite a marginal missed revenue for Q2, the acquisition of Olink and subsequent profit outlook all point towards an overall bullish outlook.
Thermo Fisher Scientific TMO News Analytics from Wed, 06 Mar 2024 08:00:00 GMT to Sat, 02 Nov 2024 10:42:44 GMT -
Rating 7
- Innovation 6
- Information 7
- Rumor 4