Retirement Stock Portfolio: 10 Healthcare Stocks to Buy

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

Number of Hedge Fund Holders: 98

Thermo Fisher Scientific Inc. (NYSE:TMO) offers life sciences solutions, analytical instruments, specialty diagnostics, and laboratory products and services worldwide. This company offers significant investment potential for multiple reasons. The first compelling factor is the company’s commitment to returning value to shareholders through regular dividend payments. The company has a history of increasing its quarterly dividend, with the most recent payment of $0.39 per share in January 2025. Notably, the company has shown strong performance in dividend growth, with 7 consecutive years of increases, significantly outperforming the sector median of 2 years by 250%. Secondly, the company has completed the repurchase of $1 billion of its common stock, which shows the value it provides to its shareholders. Moreover, Thermo Fisher Scientific’s ongoing and long-term strategic collaboration with Moderna aims to enable dedicated large-scale manufacturing in the US of Spikevax, Moderna’s COVID-19 vaccine, and other investigational mRNA medicines in its pipeline.

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