Danaher Corporation (DHR): Today's Featured Industrial 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 industry lower today making it today's featured Industrial laggard. The industry as a whole closed the day down 1.5%. By the end of trading, Danaher Corporation fell $1.22 (-1.6%) to $73.93 on average volume. Throughout the day, 3,049,986 shares of Danaher Corporation exchanged hands as compared to its average daily volume of 2,431,000 shares. The stock ranged in price between $73.66-$75.32 after having opened the day at $75.13 as compared to the previous trading day's close of $75.15. Other companies within the Industrial industry that declined today were: JinkoSolar ( JKS), down 7.5%, Research Frontiers ( REFR), down 7.5%, Ballard Power Systems ( BLDP), down 6.1% and Joy Global ( JOY), down 5.5%.

Danaher Corporation designs, manufactures, and markets professional, medical, industrial, and commercial products and services worldwide. Danaher Corporation has a market cap of $52.6 billion and is part of the industrial goods sector. The company has a P/E ratio of 21.1, above the S&P 500 P/E ratio of 17.7. Shares are up 34.9% year to date as of the close of trading on Tuesday. Currently there are 13 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 the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

On the positive front, Broadwind Energy ( BWEN), up 10.9%, Hydrogenics Corporation ( HYGS), up 3.3%, Arotech Corporation ( ARTX), up 1.9% and Compx International ( CIX), up 1.5%.

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).

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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