Danaher Reaches New 52-Week High (DHR)

NEW YORK ( TheStreet) -- Danaher Corporation (NYSE: DHR) hit a new 52-week high Tuesday as it is currently trading at $65.90, above its previous 52-week high of $65.15 with 302,805 shares traded as of 9:36 a.m. ET. Average volume has been three million shares over the past 30 days.

Danaher has a market cap of $44.75 billion and is part of the industrial goods sector and industrial industry. Shares are up 15.3% year to date as of the close of trading on Monday.

Danaher Corporation designs, manufactures, and markets professional, medical, industrial, and commercial products and services primarily in North America, Europe, and Asia/Australia.

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TheStreet Ratings rates Danaher 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, solid stock price performance, impressive record of earnings per share growth and increase in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Danaher Ratings Report.

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