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Jim Cramer on Thermo Fisher: “I Think You Can Buy It at This Level”
Jim Cramer recommends buying Thermo Fisher Scientific (NYSE: TMO), citing its importance to upcoming IPOs and its attractive valuation at 19 times earnings. Despite a recent 9.2% stock dip due to light current-quarter guidance, Cramer believes the market has misjudged the “great American company” and sees it as a strong investment at its current level. The article also mentions that while TMO has potential, other AI stocks might offer greater returns in a shorter timeframe.