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The industrial sector has been strong over the past three months, with the Industrial Select Sector ETF (XLI) - Get Free Report climbing almost 12%. Danaher (DHR) - Get Free Report , while higher, has underperformed the ETF, only climbing 5.8% during that span.

The company is scheduled to report earnings on Tuesday before the open.

Danaher is a "traditional, good industrial," TheStreet's Jim Cramer, co-manager of the Action Alerts PLUS portfolio, said from the floor of the New York Stock Exchange Monday.

A number of industrial companies have already reported earnings and many of the results were good, Cramer said. In particular, the companies' organic growth has been impressive.

However, the stocks' reactions haven't been the same. Instead of rallying, many industrial stocks have declined despite seemingly good results. This is causing investors to second-guess whether the organic growth results really are good, Cramer noted.

But then a few days later, investors' initial reaction -- that organic growth is good and the businesses are doing well -- is proved correct and the stocks then rally, he added.

It wouldn't be surprising to see a similar reaction with Danaher, Cramer concluded.

Analysts expect the company to earn $1.03 per share on $4.53 billion in sales for the most recent quarter.

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At the time of publication, Cramer's Action Alerts PLUS had a position in DHR.