Buy, Sell or Hold: Thermo Fisher Scientific (TMO-N) — Stock Predictions at Stockchase

NYSE:TMO

517.83

9.17 (1.80%) 1d

Showing 1 to 15 of 58 entries

BUY

He recommends it, but has had a rough year. It did good business during Covid, mostly in Covid testing. But this created tough comparisons. Last week, they reported a strong quarter and boosted their full-year forecast. But shares have barely risen. That's crazy. It's a steal here.

electrical / electronic

BUY

It may be safe to circle back to "Covid plays" like this. TMO is the arms dealer for life sciences and pharma. They made a lot of money selling Covid tests and equipment to companies developing vaccines, but then we went into post-Covid mode. Shares plunged from last year's $672 to $588 today. However, the stock has rallied 90 points in the past 1.5 months. Last Thursday, TMO reported an excellent beat, up 20% from mid-June lows. It has a lot of room to run. It's a steady-eddy name.

electrical / electronic

BUY

Has owned company for 5 years. Is a good company to own within sector (way ahead of competition). Stock has fallen recently which is presenting good buying opportunity (25x P/E ratio). Dividend growing nicely with strong M&A activity. Buy shares now and if the price falls, buy more.

electrical / electronic

HOLD

Large, diversified. Specific lab and diagnostic equipment. Covid demand may have caused stock to gap up. Not immune to market rotation away from growth. Likes leadership, executing well. Multiple has compressed. Comfortable holding.

electrical / electronic

BUY on WEAKNESS

He prefers JNJ, CVS, and ABT. If you own it, don't sell. Otherwise, don't buy now. Well run, but growth profile has lagged. Valuation got hit. Wait for a pullback.

electrical / electronic

DON'T BUY

His fair market value $393, 33% overvalued. If this breaks down at $515, it will slide. The company itself is fine, but it's a valuation issue--it's expensive.

electrical / electronic

PARTIAL BUY

Allan Tong’s Discover Picks TMO, by the ways, has easily beat its last four quarters. Its EPS of $19.47 beats Intuitive Surgical ($4.66) and Danaher ($8.49). Cash flow is strong though its 19.72% profit margin lags Intuitive's 30.26% and Danaher's 21.55%. Forget the 0.22% dividend, though this sector is not for income investors. The street has seven buys and one hold on TMO at a $689.13 price target or 13% higher. Consider this a partial buy. Read 3 Promising Healthcare Stocks for our full analysis.

electrical / electronic

PAST TOP PICK

(A Top Pick Jun 10/21, Up 29%) It trades at a fair value and is a great long term buy. It makes highly sensitive measurement devices for research development in several fields. Could be some headwinds because of the Covid testing equipment part. Has high recurring revenue, is acquisitive and a compounder of capital. Growing quickly in China and also around the world.

electrical / electronic

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PAST TOP PICK

(A Top Pick Mar 30/21, Up 21%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with TMO has triggered its stop at $550. To remain disciplined, we recommend covering the position at this time. This results in a net investment gain of 24% when considering our previous buy recommendation to cover half the position.

electrical / electronic

PAST TOP PICK

(A Top Pick Feb 10/21, Up 23%) Believes company has unique value proposition of laboratory testing + product manufacturing. Company has been very active in making acquisitions. No material debt as a result of large free cash flow. Revenue growth will slow as Covid-19 reduces.

electrical / electronic

BUY

It delivered a strong quarter, and yet Wells Fargo slashed TMO's price target. No, the company itself didn't do anything, but the slash may have discouraged stock buyers.

electrical / electronic

BUY

Stocks like this have been the baby thrown out with the bathwater. Today they delivered a top and bottom line beat and raised its full-year forecast, but the street didn't react. They have a big Covid-testing business, but Wall Street doesn't care for Omicron-related gains. But numbers are numbers and this was one of the best beats this season. Offers great growth, too.

electrical / electronic

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PAST TOP PICK

(A Top Pick Mar 30/21, Up 28.9%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with TMO is progressing well. We now recommend trailing up the stop (from $510) to $550. If triggered this would all but guarantee an investment return of 22%, when combined with our previous recommendation to cover half the position.

electrical / electronic

WATCH

Some feel this is an Omicron stock, but it's better than that. It sells at 23x earnings. It's close to a buy.

electrical / electronic

BUY

Life Science company that sells testing equipment for laboratories Government and educational institutions major clients. Continues to make acquisitions ad use free cash flow to pay down debt. Believes in the company. Will continue to own.

electrical / electronic

Showing 1 to 15 of 58 entries

Thermo Fisher Scientific(TMO-N) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 18

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 20

Stockchase rating for Thermo Fisher Scientific is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Thermo Fisher Scientific(TMO-N) Frequently Asked Questions

What is Thermo Fisher Scientific stock symbol?

Thermo Fisher Scientific is a American stock, trading under the symbol TMO-N on the New York Stock Exchange (TMO). It is usually referred to as NYSE:TMO or TMO-N

Is Thermo Fisher Scientific a buy or a sell?

In the last year, 20 stock analysts published opinions about TMO-N. 18 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Thermo Fisher Scientific.

Is Thermo Fisher Scientific a good investment or a top pick?

Thermo Fisher Scientific was recommended as a Top Pick by on . Read the latest stock experts ratings for Thermo Fisher Scientific.

Why is Thermo Fisher Scientific stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Thermo Fisher Scientific worth watching?

20 stock analysts on Stockchase covered Thermo Fisher Scientific In the last year. It is a trending stock that is worth watching.

What is Thermo Fisher Scientific stock price?

On 2022-09-28, Thermo Fisher Scientific (TMO-N) stock closed at a price of $517.83.

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