21 Stocks on Jim Cramer’s Radar

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4. Thermo Fisher Scientific Inc. (NYSE:TMO)

Number of Hedge Fund Holders: 101

Thermo Fisher Scientific Inc. (NYSE:TMO) is one of the 21 stocks on Jim Cramer’s radar.

Expressing that they believe that the stock has significant potential for growth, a caller inquired about TMO. In response, Cramer said:

“This stock is unbelievable. It was a, it’s a great company. Marc Casper does a terrific job, but we own Danaher for the Charitable Trust, and it’s as bad as Thermo Fisher. I am urging you to not buy it till we see a pickup in Chinese orders. I know that seems strange, but this stock has crushed a lot of people. It does seem like it’s bottoming, but I am not going to push it because it’s related to China, and anything related to China is bearish.”

Thermo Fisher (NYSE:TMO) provides a vast portfolio of products and services for scientific research, diagnostics, and biopharma, including instruments, reagents, laboratory supplies, and clinical research support. Parnassus Investments stated the following regarding Thermo Fisher Scientific Inc. (NYSE:TMO) in its Q4 2024 investor letter:

“Thermo Fisher Scientific Inc. (NYSE:TMO), a manufacturer of lab equipment and analytical tools, reported in-line quarterly numbers. However, expectations for a demand recovery in 2025 continue to moderate, particularly given uncertainty regarding the new administration.”

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