Thermo Fisher (TMO) Strategic Buyouts Aid Amid Macro Issues
TMOThermo Fisher Scientific(TMO) ZACKS·2024-07-09 23:36

Thermo Fisher (TMO) has been gaining from strong end-market performances. International headwinds continue to hamper overall growth. The stock carries a Zacks Rank #3 (Hold) currently.Thermo Fisher’s business strategy primarily includes expansion through strategic acquisition of technologies and businesses that augment the company’s existing products and services. As a result of these acquisitions, Thermo Fisher recorded significant goodwill and indefinite-lived intangible assets (primarily tradenames) on i ...