What Are The Best Stocks To Buy Right Now? Top 5 Stocks

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

Average Share Price Upside: 12%

Thermo Fisher Scientific Inc. (NYSE:TMO) is a medical devices company that makes and sells products used in healthcare research and diagnosing diseases. The firm’s latest earnings report saw it cut revenue guidance by more than a billion on the low end.

After digging through 943 hedge funds for their first quarter of 2023 shareholdings, Insider Monkey discovered that 98 had bought and owned a stake in Thermo Fisher Scientific Inc. (NYSE:TMO). Ken Fisher’s Fisher Asset Management is the largest shareholder out of these, with an investment worth $1.3 billion.

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