This Stock is in a Long-Term Uptrend

Today’s company is helping to get a handle on the pandemic…

Even as states across the U.S. open their economies back up, COVID-19 is still spreading. The Centers for Disease Control and Prevention reports around 1.5 million cases total, with more than 90,000 “confirmed and probable” deaths. That means testing is still crucial to curb the outbreak. And today’s company is helping with sample collections…

Thermo Fisher Scientific (TMO) is a $135 billion “leader in serving science.” It has more than 75,000 employees around the world providing scientific technologies and pharmaceutical services.

Its products range from lab equipment to end-to-end drug development solutions… And now, it’s providing tools to safely transport patient samples to labs, where they can be tested for coronavirus.

TMO shares are in a long-term uptrend. They soared around 170% over the past five years, including dividends. And they recently hit a new all-time high. As Thermo Fisher keeps supporting the scientific community during this outbreak, that trend should continue…

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Source: Daily Wealth Market Notes