Thermo Fisher Is Richly Valued
I last reviewed Thermo Fisher (TMO) in this February 2, 2024 post. In that post, I concluded that short term demand softness would likely pressure Thermo Fisher's valuation. With the recent release of Q2 and YTD2024 results and minor revisions to the FY2024 outlook, I revisit TMO. Business Overview I reviewed material presented at [...]