Danaher Corporation (DHR): Today's Featured Industrial Goods 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 Goods sector higher today making it today's featured industrial goods winner. The sector as a whole closed the day up 1.1%. By the end of trading, Danaher Corporation rose $0.82 (1.3%) to $64.07 on average volume. Throughout the day, 3,567,904 shares of Danaher Corporation exchanged hands as compared to its average daily volume of 2,767,900 shares. The stock ranged in a price between $63.10-$64.09 after having opened the day at $63.16 as compared to the previous trading day's close of $63.25. Other companies within the Industrial Goods sector that increased today were: American Mold Guard Incorporated ( AMGI), up 200.0%, Real Goods Solar ( RSOL), up 50.9%, JinkoSolar ( JKS), up 20.7% and China Ming Yang Wind Power Group ( MY), up 19.9%.
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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 $43.1 billion and is part of the industrial industry. The company has a P/E ratio of 17.9, above the S&P 500 P/E ratio of 17.7. Shares are up 13.1% year to date as of the close of trading on Friday. Currently there are 16 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 buy. 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, impressive record of earnings per share growth, increase in net income and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the negative front, Comstock ( CHCI), down 8.7%, OSI Systems ( OSIS), down 7.6%, Empresas ICA S.A.B. de C.V ( ICA), down 7.5% and Raven Industries ( RAVN), down 7.5% , were all laggards within the industrial goods sector with Lennar Corporation ( LEN) being today's industrial goods sector laggard.

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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