Jim Kramer says Thermo Fisher Scientific Inc. (TMO) has finally put it together
Recently released Jim Kramer of 10 shares spoke as everyone said they won Trump’s Japanese trade.. Thermo Fisher Scientific Inc. (NYSE: TMO) is one of the stocks we discussed recently.
Thermo Fisher Scientific Inc. (NYSE: TMO) is an American company that provides equipment to the medical and pharmaceutical industries. That stock lost 7.5% since the start of the year, but would have fallen 22.5% in July without a significant 19.3% increase. Shares of Thermo Fisher Scientific Inc. (NYSE: TMO) skyrocketed after raising the lower limit of earnings per share guidance from $21.76 to $22.22. Cramer praised the company’s revenue report, including a guidance salary increase.
“I think more about Thermo Fisher, and how did they ultimately tie it together? It’s just a huge quarter. I don’t worry about China anymore. But Thermo Fisher is that. Thermo Fisher was weak too. Congratulations to Mark Casper now.
Previously, the CNBC TV host commented on Thermo Fisher Scientific Inc. (NYSE: TMO) business and its CEO.
“This inventory is incredible. It was a great company. Mark Casper does a great job, but owns Danaher for a charitable trust. It’s as bad as Thermo Fisher. It urges you not to buy until you see the pickup on your Chinese order. It’s bearish.”
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Read next: 30 stocks that double in three years and 11 Hidden AI Strains Buy Now.
Disclosure: None. This article was originally published Insider Monkey.