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 0.7%. By the end of trading, Danaher Corporation fell $0.91 (-1.2%) to $74.39 on average volume. Throughout the day, 3,188,599 shares of Danaher Corporation exchanged hands as compared to its average daily volume of 2,450,400 shares. The stock ranged in price between $73.93-$75.00 after having opened the day at $74.27 as compared to the previous trading day's close of $75.30. Other companies within the Industrial industry that declined today were: UQM Technologies ( UQM), down 16.3%, Polypore International ( PPO), down 8.2%, ZBB Energy Corporation ( ZBB), down 5.5% and Metalico ( MEA), down 4.7%.

Danaher Corporation designs, manufactures, and markets professional, medical, industrial, and commercial products and services worldwide. Danaher Corporation has a market cap of $52.4 billion and is part of the industrial goods sector. The company has a P/E ratio of 22.0, above the S&P 500 P/E ratio of 17.7. Shares are down 2.5% year to date as of the close of trading on Thursday. 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 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, Ballard Power Systems ( BLDP), up 8.2%, Hydrogenics Corporation ( HYGS), up 6.0%, Adept Technology ( ADEP), up 5.3% and GreenHunter Resources ( GRH), up 5.0% , were all gainers within the industrial industry with Manitowoc ( MTW) being today's featured industrial industry leader.

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.

If you liked this article you might like

Bullish Danaher Stock Has Higher Aspirations
Cramer: I See Stocks That Are Overdone to the Downside
Stocks Need to Move Lower to Be Able to Move Higher Again: Market Recon

Stocks Need to Move Lower to Be Able to Move Higher Again: Market Recon

Dow Selloff, Thomson Reuters, Jamie Dimon, Exxon, Waymo - 5 Things You Must Know

Dow Selloff, Thomson Reuters, Jamie Dimon, Exxon, Waymo - 5 Things You Must Know

Jim Cramer: The 3 Best Sectors That Lifted the Stock Market

Jim Cramer: The 3 Best Sectors That Lifted the Stock Market