|Bid||1,092.59 x 800|
|Ask||1,093.65 x 800|
|Day's Range||1,091.11 - 1,097.00|
|52 Week Range||1,006.25 - 1,097.00|
|Beta (3Y Monthly)||0.85|
|PE Ratio (TTM)||323.77|
|Forward Dividend & Yield||70.72 (6.72%)|
|1y Target Est||N/A|
The life sciences stocks have been rallying lately, and while some of that strength has stemmed from market rotations, Jim Cramer says most of the move is coming from solid execution. Danaher, is a well-run company that has an excellent track record of making smart acquisitions to turn good businesses into great ones according to Cramer. In the daily bar chart of DHR, below, we can see a sideways consolidation pattern from last June until early February.
Howard Marks (Trades, Portfolio)' Oaktree Capital Management released its first-quarter portfolio earlier this month, listing eight new holdings. Warning! GuruFocus has detected 2 Warning Sign with AAPL. Based on these criteria, the firm's top five buys for the quarter were Berry Petroleum Corp. (BRY), Danaher Corp. (DHRAA.PFD), Fortive Corp. (NYSE:FTVPA.PFD), American Electric Power Co. Inc. (NYSE:AEP-PB) and Stanley Black & Decker Inc. (SWP).
Danaher's management continues to transform the conglomerate, and the GE Biopharma deal looks like an even better value after a recent disclosure.
The global science and technology company beat expectations in Q1. However, a pending acquisition caused Danaher to cut its full-year outlook.
biopharma healthcare business offset revenue. On an adjusted basis, the company earned $1.07 a share, above the 99 cents posted a year ago and the $1.02 a share forecast by analyst surveyed by FactSet. Revenue increased to $4.9 billion from $4.7 billion in the same period in 2018, with non-GAAP core revenue growth of 5.5%.
On a per-share basis, the Washington-based company said it had net income of 46 cents. Earnings, adjusted for pretax expenses and amortization costs, were $1.07 per share. The results exceeded Wall Street ...
General Electric shareholders aren’t the only ones benefiting from the American industrial giant’s transformation under CEO Larry Culp.
Here's how and why the best-performing stocks in the industrial-goods sector made headway in the last year, and what to expect in the future.