Warming Up to Thermo Fisher
It's not often that you have the chance to buy a stable growth stock at a value price, but you do today with Thermo Fisher Scientific (TMO). Thermo Fisher is a healthcare and life-sciences company that has had a steady and growing stream of profits from its large consumables and services businesses, which comprise two-thirds of its annual revenue. The rest of its sales come from a premier instruments business that stands to benefit from an economic upturn.
Unlike some of its competitors, Thermo Fisher has reported solid results in 2012 despite the challenging economy. In its recent second-quarter earnings report, it exceeded analysts' revenue and profit estimates, and raised its full-year earnings guidance to a range of $4.74 to $4.84 per share....307 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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