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

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 lower today making it today's featured Industrial Goods laggard. The sector as a whole closed the day down 0.5%. By the end of trading, Danaher Corporation fell $0.80 (-1.1%) to $73.77 on average volume. Throughout the day, 2,257,096 shares of Danaher Corporation exchanged hands as compared to its average daily volume of 2,402,000 shares. The stock ranged in price between $73.54-$74.45 after having opened the day at $74.28 as compared to the previous trading day's close of $74.57. Other companies within the Industrial Goods sector that declined today were: Chicago Rivet & Machine ( CVR), down 14.1%, China Ceramics ( CCCL), down 7.0%, UQM Technologies ( UQM), down 6.3% and ZBB Energy Corporation ( ZBB), down 6.0%.

Danaher Corporation designs, manufactures, and markets professional, medical, industrial, and commercial products and services worldwide. Danaher Corporation has a market cap of $52.2 billion and is part of the industrial industry. The company has a P/E ratio of 20.9, above the S&P 500 P/E ratio of 17.7. Shares are up 33.8% year to date as of the close of trading on Monday. Currently there are 14 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, growth in earnings per share, 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.

On the positive front, Industrial Services of America ( IDSA), up 14.3%, Ocean Power Technologies ( OPTT), up 8.2%, Sharps Compliance Corporation ( SMED), up 6.3% and Acorn Energy ( ACFN), up 5.6%.

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).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
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