Danaher Corporation (DHR): Today's Featured Industrial Goods Winner - TheStreet

Danaher Corporation

(

DHR

) pushed the Industrial Goods sector higher today making it today's featured industrial goods winner. The sector as a whole closed the day up 0.6%. By the end of trading, Danaher Corporation rose 31 cents (0.6%) to $51.52 on average volume. Throughout the day, 3.2 million shares of Danaher Corporation exchanged hands as compared to its average daily volume of three million shares. The stock ranged in a price between $51.20-$51.69 after having opened the day at $51.53 as compared to the previous trading day's close of $51.21. Other companies within the Industrial Goods sector that increased today were:

Compx International

(

CIX

), up 16.4%,

Omega Flex

(

OFLX

), up 13.2%,

TRC Companies

(

TRR

), up 9.6%, and

A123 Systems

(

AONE

), up 7.9%.

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Danaher Corporation designs, manufactures, and markets professional, medical, industrial, and commercial products and services primarily in North America, Europe, and Asia/Australia. Danaher Corporation has a market cap of $36.42 billion and is part of the

industrial

industry. The company has a P/E ratio of 18.2, above the average industrial industry P/E ratio of 15.7 and above the S&P 500 P/E ratio of 17.7. Shares are up 8.9% year to date as of the close of trading on Thursday. Currently there are 14 analysts that rate Danaher Corporation a buy, no analysts rate it a sell, and one rates it a hold.

TheStreet Ratings rates Danaher Corporation as a

buy

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, expanding profit margins, good cash flow from operations and growth in earnings per share. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

On the negative front,

Presstek

(

PRST

), down 13.8%,

China Development Group Corporation

(

CTDC

), down 13.5%,

Arotech Corporation

(

ARTX

), down 9.7%, and

Broadwind Energy

(

BWEN

), down 7.8%, were all losers within the industrial goods sector with

Rockwell Automation Incorporated

(

ROK

) being today's industrial goods sector loser.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the industrial goods sector could consider

Industrial Select Sector SPDR

(

XLI

) while those bearish on the industrial goods sector could consider

ProShares Short Dow 30

(

DOG

).

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