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 0.9%. By the end of trading, Danaher Corporation fell $0.83 (-1.1%) to $77.11 on average volume. Throughout the day, 1,806,406 shares of Danaher Corporation exchanged hands as compared to its average daily volume of 2,302,200 shares. The stock ranged in price between $76.70-$77.36 after having opened the day at $77.20 as compared to the previous trading day's close of $77.94. Other companies within the Industrial Goods sector that declined today were: Desarrolladora Homex SAB de CV ADR ( HXM), down 10.4%, MagneGas Corporation ( MNGA), down 9.8%, Real Goods Solar ( RSOL), down 8.6% and Hydrogenics Corporation ( HYGS), down 7.8%.

Danaher Corporation designs, manufactures, and markets professional, medical, industrial, and commercial products and services worldwide. Danaher Corporation has a market cap of $54.4 billion and is part of the industrial industry. The company has a P/E ratio of 21.8, above the S&P 500 P/E ratio of 17.7. Shares are up 1.0% year to date as of the close of trading on Wednesday. Currently there are 15 analysts that rate Danaher Corporation a buy, no analysts rate it a sell, and 2 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, solid stock price performance, growth in earnings per share and expanding profit margins. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

On the positive front, Bonso Electronics International ( BNSO), up 50.3%, UQM Technologies ( UQM), up 8.3%, Caesarstone Sdot-Yam ( CSTE), up 5.2% and Frontline ( FRO), up 4.3% , were all gainers within the industrial goods sector with Vulcan Materials Company ( VMC) being today's featured industrial goods sector leader.

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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