Danaher is a multi-national manufacturer of a diverse portfolio of products which include: Craftsman tools; Medical equipment; Industrial Testing equipment; Water Treatment equipment; Defense Equipment; and soooo much more. You must really view their website to see the complete number of business involved in this fantastic company.
Danaher is frequently a favorite of analysts looking for diversified manufactures and has around 70% institutional ownership. Growth rates have consistently been over 10% and at a P/E of 18 sells for only a slight premium over less productive competitors. Danaher should be in a perfect position for the upcoming worldwide water treatment upgrades that have been projected for several years.
Disclosure: Both I and my clients own this security.
$77.78 (01/18/08)
