The No. 1 AI Stock of 2024 (Not Nvidia)
It's not Nvidia, Meta Platforms, Alphabet, or Amazon. But thanks to a recent major deal, an under-the-radar stock could become the No. 1 winner of the AI boom. "This company just teamed up with one of the biggest power players in the AI industry... yet you can still buy it for just one-twelfth the price of Nvidia -- the time to buy is NOW," says Marc Chaikin.
Financials
| Curr Year EPS Estimate | 22.03 |
| Next Quarter EPS Estimate | 5.21 |
| Profit Margin | 0.20 |
| Return on Assets | 0.08 |
| Return on Equity | 0.20 |
| Revenue | 32,217,999,360 |
| Earnings Per Share | 15.96 |
| Revenue Per Share | 81.36 |
| Gross Profit | 16,010,000,000 |
| Quarterly Revenue Growth | 0.55 |
General
| Name | Thermo Fisher Scientific Inc |
| Ticker | TMO |
| Exchange | NYSE |
| Sector | Healthcare |
| Industry | Diagnostics & Research |
| Currency | USD |
| Country | USA |
| Fiscal Year End | December |
| Full Time Employees | 80,000 |
About Thermo Fisher Scientific Inc
Thermo Fisher Scientific Inc. offers life sciences solutions, analytical instruments, specialty diagnostics, and laboratory products and service worldwide. The company's Life Sciences Solutions segment offers reagents, instruments, and consumables for biological and medical research, discovery, and production of drugs and vaccines, as well as diagnosis of infections and diseases to pharmaceutical, biotechnology, agricultural, clinical, healthcare, academic, and government markets. Its Analytical Instruments segment provides instruments, consumables, software, and services for use in laboratory, on production line, and in field for pharmaceutical, biotechnology, academic, government, environmental, and other research and industrial markets, as well as clinical laboratories. The company's Specialty Diagnostics segment offers liquid, ready-to-use, and lyophilized immunodiagnostic reagent kits, as well as calibrators, controls, and calibration verification fluids; ImmunoCAP for allergy and asthma tests, and EliA for autoimmunity tests; dehydrated and prepared culture media, collection and transport systems, instrumentation, and consumables; human leukocyte antigen typing and testing for organ transplant market; and healthcare products. Its Laboratory Products and Services segment provides laboratory refrigerators and freezers, ultralow-temperature freezers, and cryopreservation storage tanks; temperature control, sample preparation and preservation, centrifugation, and biological safety cabinet products; water analysis instruments; laboratory plastics products; laboratory chemicals; and pharma services. The company offers products and services through a direct sales force, customer-service professionals, electronic commerce, third-party distributors, and catalogs under the Thermo Scientific, Applied Biosystems, Invitrogen, Fisher Scientific, Unity Lab Services, and Patheon brands. The company was incorporated in 1956 and is based in Waltham, Massachusetts.
Dividend
Thermo Fisher Scientific Inc pays out a dividend of $0.88 per share, with a dividend yield of 0.26%.
TMO's last dividend payment was made to shareholders on April 16, 2021.
They pay out 4.71% of their earnings out as a dividend.
Recent Dividends
| Apr 15, 2024 | $0.39 |
| Jan 16, 2024 | $0.35 |
| Oct 13, 2023 | $0.35 |
| Jul 14, 2023 | $0.35 |
| Apr 14, 2023 | $0.35 |
| Jan 16, 2023 | $0.30 |
| Oct 14, 2022 | $0.30 |
| Jul 15, 2022 | $0.30 |
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