Thermo Fisher Scientific (TMO)

Thermo Fisher Scientific (TMO) is a laboratory tools company that develops, manufactures and sells scientific instruments, consumables and software. The company’s product portfolio includes scientific imaging systems, laboratory automation, chromatography, liquid handling, sample preparation and molecular diagnostics systems, and consumables to process biological samples. TMO’s products are used by scientists in life sciences, pharmaceutical, chemical and food & beverage industries. The company’s business segments include Life Sciences, Applied Materials, Industrial, and Corporate. Life Sciences segment accounted for 46% of TMO’s total revenue in FY18. The company’s Life Sciences segment offers a wide range of products, including liquid handling systems, sample preparation instruments, laboratory instruments, reagents, consumables and software for research, drug discovery and development, diagnostics and other applications in life sciences.

Itau Unibanco Holding (ITUB)

Itau Unibanco Holding (ITUB) is a financial services company that offers banking, insurance and other financial services in Brazil and internationally. The company’s services include checking and savings accounts, credit cards, loans and investment products. ITUB offers a wide range of banking products and services to individuals, small and medium companies and large corporations. The company also provides insurance services through its insurance subsidiaries, including health, auto, home and travel insurance. While ITUB is mainly a Brazilian company, it has been expanding internationally over the past several years. The company acquired a majority stake in New England Bank in the United States in 2013. It also received a minority stake in Standard Chartered Bank’s Brazilian operations in 2012. More recently, ITUB acquired a majority stake in Chilean bank Banco Biodiversidad in January 2018.

NBT Bancorp (NBTB)

NBT Bancorp (NBTB) is a regional bank based in upstate New York. The company focuses on corporate and commercial banking, as well as retail bank and commercial banking operations, provide Cash Management Services, trade finance, letters of credit, asset-based lending, structured financing and letters of credit for customers in a wide range of industries, including healthcare and biopharmaceutical, manufacturing, education, oil and gas and technology. The company’s retail banIn addition, the services include residential mortgage lending, home equity loans, auto loans, personal loans, online and mobile banking, and account aggregation.

Park National (PRK)

Park National (PRK) is a Midwest bank based in Ohio. The bank offers a range of commercial banking products, including loans, savings accounts, cash management services and other financial products. Park National also provides wealth management services through its investment advisory subsidiary. Beyond commercial and retail banking, the company operates a trusted company, Park National Trust Company, which offers trust and fiduciary services.

Conclusion

Investors looking for exposure to the life sciences industry could consider investing in stocks of companies that provide development tools and services. The companies profiled in this article are all worth considering. In addition, investors should keep a can addition investors these stocks as they are likely to perform well in the event of a broad market pullback.