Why Thermo Fisher Scientific Inc. (TMO) is Among the Best Medical Device Stocks to Buy Now
From Yahoo Finance: 2025-05-10 08:52:00
Thermo Fisher Scientific Inc. (TMO) is highlighted among the best medical device stocks to buy now. Trump’s tariffs have created a divide in the medical community, affecting device makers and protective gear manufacturers differently. Tariffs could increase costs for hospitals, potentially reducing patient access to critical care and equipment. The industry is pushing back against these challenges. Medical technology CEOs emphasize the impact on healthcare costs if tariffs continue. Hospital trade groups warn of potential disruptions in patient care due to tariffs. Trump’s tariffs on Chinese goods have escalated to 145%, posing challenges for medical equipment buyers. Aeroflow Health CEO calls for predictability in tariff policy to allow US organizations to prepare for cost increases. Thermo Fisher Scientific Inc. (TMO) plans to invest $2 billion in R&D and US manufacturing, indicating commitment to long-term growth. The company exceeded earnings and revenue expectations in Q1 2025, showing strong demand, particularly in biotech and pharma markets. Analysts maintain a Buy rating on TMO, citing its ability to manage macroeconomic challenges effectively. Overall, TMO ranks 2nd on the list of best medical device stocks, with potential for investment growth.
Read more at Yahoo Finance: Why Thermo Fisher Scientific Inc. (TMO) is Among the Best Medical Device Stocks to Buy Now