Wells Fargo Reaffirms ‘Buy’ Rating on Thermo Fisher Scientific Inc. (TMO)

Thermo Fisher Scientific Inc. (NYSE:TMO) is included in our list of the 11 Best Rebound Stocks to Buy According to Hedge Funds.

Wells Fargo Reaffirms ‘Buy’ Rating on Thermo Fisher Scientific Inc. (TMO)

A scientist performing a blood test on a patient using life sciences tools & services.

Backed by the company’s strong momentum across several key business segments, Wells Fargo reaffirmed its ‘Buy’ rating on Thermo Fisher Scientific Inc. (NYSE:TMO) on July 28, 2025. For Q2 2025, the company recorded strong growth across its Pharma Services, Bioproduction, and the Research/Safety Channel segments. The Research/Safety Channel segment saw TMO outperform its competitors, such as Avantor, with strong market share gains.

The analyst acknowledged softness in the Analytical Instruments segment; however, the quarter’s overall strong performance fueled optimism. Looking ahead, the analyst believes Thermo Fisher Scientific Inc. (NYSE:TMO)’s diversified portfolio and increasing market share will drive its growth.

Thermo Fisher Scientific Inc. (NYSE:TMO) delivers life science solutions, alongside analytical instruments, specialty diagnostics, and laboratory products. It is included in our list of the Best Rebound Stocks To Buy.

While we acknowledge the potential of TMO to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than TMO and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None.