Danaher Corp
Why Wall Street and Jim Cramer think Danaher stock is ‘ready to go for a romp’
Danaher is finally turning the corner. CNBC’s Jim Cramer sees it. Wall Street does, too. The life sciences stock is “ready to go for a romp” after years of “nightmare” performance, Cramer said during Friday’s December Monthly Meeting for Investing Club members. Danaher — which makes tools and technologies used by pharmaceutical, biotech, and medical […]
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Jim Cramer has faith in Danaher’s turnaround as life sciences comes back to life
Life sciences stocks are seeing a resurgence — and that’s good news for Danaher . Connecting the dots to better times ahead for the struggling portfolio name, Jim Cramer thinks the industry turnaround is best illustrated by looking at Agilent Technologies ‘ recovery from a post-Covid rut. Shares are up around 50% from their April […]
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Week in review: Stocks hit records on inflation data, earnings — plus, we started a new name
Stocks jumped for the second straight week and reached record highs Friday as Washington trade and shutdown drama took a back seat to cooler inflation data and stronger earnings. The S & P 500 and Nasdaq rose 2% and 2.3%, respectively, for the week. In fact, the S & P 500 on Friday peaked above […]
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Stocks making the biggest moves midday: Warner Bros. Discovery, Beyond Meat, General Motors & more
Check out the companies making the biggest moves midday: Warner Bros Discovery —The HBO and CNN owner surged more than 12% after saying it was open to a sale . The WBD board ” will evaluate a broad range of strategic options ,” from pursuing a planned separation of the company by mid-2026, a sale […]
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We’re buying the dip in a health and life sciences stock that has gone down enough
We’re buying 20 more shares of Danaher at roughly $180 each. Following Thursday’s trade, Jim Cramer’s Charitable Trust will own 470 shares of DHR, increasing its weighting to about 2.31% from about 2.22%. While Danaher has certainly been one of a handful of problematic stocks in the portfolio, we are stepping into the name here, […]
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Danaher returns a key business to growth, and we’re raising our stock rating back to buy
Danaher shares declined Tuesday despite the life sciences company returning its key bioprocessing business to growth in the third quarter. Danaher’s revenue for the three months ended Sept. 27 advanced 3% year over year on a reported basis, to $5.8 billion, outpacing the LSEG consensus estimate of $5.59 billion. On an organic basis, sales were […]
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Stocks making the biggest moves premarket: Cheesecake Factory, Sherwin-Williams, 3M and more
Check out the companies making headlines before the bell. Cheesecake Factory — Shares gained more than 3% after activist investor JCP Investment Management built a stake in the company and asked it to consider spinning off three of its brands into a separate company. General Motors — Shares were down slightly even after the automaker […]
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Hedge fund manager Daniel Loeb believes Trump’s chances are increasing and he’s betting accordingly
Third Point’s Daniel Loeb believes the odds are rising that former President Donald Trump will win the U.S. presidency this November over Vice President Kamala Harris, and the influential hedge fund manager is increasing positions that would benefit under a Republican administration and Congress. “We believe that the likelihood of a Republican victory in the […]
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We’re making a flurry of moves: trimming 2 stocks and buying 2 others that have lagged
We’re making four trades Monday morning. Shortly after the opening bell, we will be selling 100 shares of Danaher at roughly $274.13. Following the trade, Jim Cramer’s Charitable Trust will own 475 shares of Danaher, decreasing its weighting in the portfolio to 4% from 4.84%. In addition, we will be selling 20 shares of Salesforce at […]
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Stocks making the biggest moves midday: Spotify, United Parcel Service, Pentair and more
Check out the companies making headlines in midday trading: Spotify Technology — Shares surged 12% after the music streaming company posted better-than-expected second-quarter earnings. Gross margin and operating income also surpassed expectations. Analysts said they remain cautiously optimistic despite softness in monthly active user counts, pointing to strong margin performance and the company’s focus on […]
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