2. As of noon trading, Thermo Fisher Scientific ( TMO) is up $0.84 (0.99) to $85.42 on average volume Thus far, 1.7 million shares of Thermo Fisher Scientific exchanged hands as compared to its average daily volume of 2.7 million shares. The stock has ranged in price between $84.75-$85.50 after having opened the day at $84.95 as compared to the previous trading day's close of $84.58.

Thermo Fisher Scientific Inc. provides analytical instruments, equipment, reagents and consumables, software, and services for research, manufacture, analysis, discovery, and diagnostics. Thermo Fisher Scientific has a market cap of $31.2 billion and is part of the health services industry. The company has a P/E ratio of 24.1, above the S&P 500 P/E ratio of 17.7. Shares are up 32.6% year to date as of the close of trading on Friday. Currently there are 11 analysts that rate Thermo Fisher Scientific a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Thermo Fisher Scientific as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, increase in net income, revenue growth and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Thermo Fisher Scientific Ratings Report now.

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