TMO Thermo Fisher Scientific Inc. Reports Record Q1 Revenue and Profit - Chaikin Power Gauge Very Bullish
The Chaikin Power Gauge RatingTM for Thermo Fisher Scientific Inc. TMO is very bullish due to very strong earnings performance, very positive expert opinions and attractive financial metrics. The rating also reflects very bearish price/volume activity.
TMO's earnings performance is very strong as a result of a relatively low projected P/E ratio and consistent earnings over the past 5 years.
Marc Chaikin is a recognized expert in stock market analysis. He developed computerized stock selection models for professional money managers as well as for individual investors. In addition, he pioneered and created the first real-time analytics workstation for portfolio managers and stock traders; his proprietary analytics are now part of Thomson Reuters’ institutional workstation.
Marc also created the widely-used Chaikin Oscillator and Chaikin Persistency of Money Flow, the basis of Investor’s Business Daily’s Accumulation/Distribution Rating. His indicators’ predictive value has made them de facto standards in most technical analysis software packages.