Here's our newest research report on Thermo Fisher Scientific (TMO). Check it out!
Thermo Fisher Scientific Inc. (TMO) is undoubtedly a leader in its industry. It has a great history of solid financial momentum and generates more than enough free cash flow to help keep it a leader. However, lately, it seems that sentiment around the company has shifted to the negative side (at least in the short term). TMO's boost in profits came from the benefit of selling test kits for COVID-19. The market seems to believe that the shares were priced too high for the post-pandemic world as noted by its recent pullback.
In this article, we will analyze some of the industries TMO operates in and perform a DCF valuation to determine whether or not this recent pullback presents an opportunity.
*This is a premium seeking alpha article, so we can’t fully post it here.*