Danaher Corporation (DHR): Today's Featured Industrial Laggard
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.
(
) pushed the Industrial industry lower today making it today's featured Industrial laggard. The industry as a whole closed the day up 0.6%. By the end of trading, Danaher Corporation fell $0.70 (-1.0%) to $66.64 on light volume. Throughout the day, 1,612,095 shares of Danaher Corporation exchanged hands as compared to its average daily volume of 2,789,800 shares. The stock ranged in price between $66.62-$67.49 after having opened the day at $67.22 as compared to the previous trading day's close of $67.34. Other companies within the Industrial industry that declined today were:
(
), down 7.9%,
(
), down 4.7%,
(
), down 4.5% and
(
), down 4.4%.
Danaher Corporation designs, manufactures, and markets professional, medical, industrial, and commercial products and services worldwide. Danaher Corporation has a market cap of $46.8 billion and is part of the industrial goods sector. Shares are up 20.5% year to date as of the close of trading on Friday. Currently there are 14 analysts that rate Danaher Corporation a buy, no analysts rate it a sell, and 3 rate it a hold.
TheStreet Ratings rates
Danaher Corporation
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, expanding profit margins, growth in earnings per share and solid stock price performance. We feel these strengths outweigh the fact that the company shows weak operating cash flow.
- You can view the full Danaher Corporation Ratings Report.
On the positive front,
(
), up 36.1%,
(
), up 14.7%,
(
), up 12.3% and
(
), up 10.7% , were all gainers within the industrial industry with
(
) being today's featured industrial industry leader.
- Use our industrial section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the industrial industry could consider
SPDR Dow Jones Industrial Average
(
) while those bearish on the industrial industry could consider
ProShares UltraShort Industrials
(
).
- Find other investment ideas from our top rated ETFs lists.
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