Consistent Sales And Margin Growth Makes Thermo Fisher Scientific Stock Attractive
- Monday, January 3, 2022, 6:44
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We think that Thermo Fisher Scientific Inc. currently is a better pick compared to Qualcomm Inc.. Both companies have their current P/S multiples around 6x, while TMO’s current P/EBIT stands marginally higher at 23x. Do these valuations make sense? We don’t think so, and we believe TMO should be…