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

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.

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 down 0.2%. By the end of trading, Danaher Corporation rose $1.11 (1.7%) to $67.63 on light volume. Throughout the day, 1,758,514 shares of Danaher Corporation exchanged hands as compared to its average daily volume of 2,973,100 shares. The stock ranged in a price between $66.47-$67.72 after having opened the day at $66.53 as compared to the previous trading day's close of $66.52. Other companies within the Industrial Goods sector that increased today were: Arotech Corporation ( ARTX), up 26.3%, Servotronics ( SVT), up 10.3%, CVD Equipment Corporation ( CVV), up 10.1% and Guanwei Recycling ( GPRC), up 9.2%.

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 $46.6 billion and is part of the industrial industry. Shares are up 19.8% year to date as of the close of trading on Monday. Currently there are 15 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, 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.

On the negative front, Ecotality ( ECTY), down 24.6%, Ply Gem Holdings ( PGEM), down 19.3%, Comstock ( CHCI), down 17.9% and P & F Industries ( PFIN), down 9.1% , were all laggards within the industrial goods sector with Rayonier ( RYN) 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).

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

null

More from Markets

Video: Marriott CEO on Trade War Worries and China's Economy

Video: Marriott CEO on Trade War Worries and China's Economy

What Angela Merkel's Uncertain Political Future Means for Greece's Debt Woes

What Angela Merkel's Uncertain Political Future Means for Greece's Debt Woes

China Central Bank Governor Says Stay 'Calm and Rational' After Market Free Fall

China Central Bank Governor Says Stay 'Calm and Rational' After Market Free Fall

50 Stocks Goldman Sachs Thinks Can Triumph Over Labor Inflation

50 Stocks Goldman Sachs Thinks Can Triumph Over Labor Inflation

Trump Issues New Trade Threats, Apple, ZTE, GameStop - 5 Things You Must Know

Trump Issues New Trade Threats, Apple, ZTE, GameStop - 5 Things You Must Know