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Image source: The Motley Fool. Thermo Fisher Scientific (NYSE: TMO) Q3 2024 Earnings Call Oct 23, 2024, 8:30 a.m. ET. Contents: Prepared Remarks. Questions and Answers. Call Participants
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While there's no way to tell exactly where the stock market will be a few months or a year from now, history suggests there's very good news about the future. Person sitting at a desk, using a laptop.
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The investment thesis is centered around a growing, healthy dividend. The company targets an annual growth rate of 7% to 9% per year while keeping a payout ratio of 55% to 60%.
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