Should You Invest in Thermo Fisher?

PHOTO CREDIT: Thermo Fisher

OVERVIEW

Thermo Fisher Scientific Incorporation is a company based in the United States. The company designs, manufactures, and sells pharmaceutical research equipment and other products around the world. The company manufactures equipment used to research new drugs and medical devices, various kinds of lab equipment, diagnostic test kits, and many other products. The company was founded in 1956.

Why You Should?

  1. Thermo Fisher is a great reopening play in an investor’s portfolio. The company saw a drop in some demand for certain products as the entire pharmaceutical invested heavily in finding a cure/vaccination for COVID-19. However, once the pandemic is over, the company will see strong growth across all of its product categories.

Why You Should Not?

  1. The company faces tough competition in the pharmaceutical research industry. Some of these competitors include Brunker, Danaher, Bio-Rad, and many others. This competition might hurt the company and its investors in the future.

MY OPINION

I think that Thermo FIsher is a great long-term investment due to its position as a good reopening play, positive impacts from the pandemic, a profitable business model, a wide range of products and services, as well as its position in a growing industry. However, tough competition and negative impacts from supply chain issues might hurt the company and its investors in the future.