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

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

Danaher Corporation ( DHR) pushed the Industrial industry higher today making it today's featured industrial winner. The industry as a whole closed the day up 0.4%. By the end of trading, Danaher Corporation rose 64 cents (1.1%) to $60.81 on light volume. Throughout the day, 1.5 million shares of Danaher Corporation exchanged hands as compared to its average daily volume of 3.2 million shares. The stock ranged in a price between $60.09-$60.81 after having opened the day at $60.15 as compared to the previous trading day's close of $60.17. Other companies within the Industrial industry that increased today were: THT Heat Transfer Technology ( THTI), up 11.6%, Intellicheck Mobilisa ( IDN), up 10.7%, Tower International ( TOWR), up 4.1%, and Proto Labs ( PRLB), up 3.6%.
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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 $41.86 billion and is part of the industrial goods sector. The company has a P/E ratio of 18, above the S&P 500 P/E ratio of 17.7. Shares are up 8.1% 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 three rate it a hold.

TheStreet Ratings rates Danaher Corporation as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, increase in net income, largely solid financial position with reasonable debt levels by most measures, expanding profit margins and good cash flow from operations. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.

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 ( DIA) while those bearish on the industrial industry could consider ProShares UltraShort Industrials ( SIJ).

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