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Thermo Fisher Scientific Could Trade Higher in the Weeks and Months Ahead

·1 min read
Thermo Fisher Scientific Could Trade Higher in the Weeks and Months Ahead
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Tuesday night's fast-paced 'Lightning Round' segment of Mad Money had one caller asking about Adaptive Biotechnologies : "I like Danaher more and I like Thermo Fisher Scientific more," said Jim Cramer. In this daily bar chart of TMO, below, we can see that prices have moved higher in an uptrend the past year. Trading volume looks like it has decreased since early October but the daily On-Balance-Volume (OBV) line shows a nice rise for the year.