DHR

Special Report: 10 Great Growth Stocks that Are Getting Greater–today my 6th pick Danaher

Special Report: 10 Great Growth Stocks that Are Getting Greater–today my 6th pick Danaher

GREATER Growth Stock Pick #6: Danaher (DHR). Danaher is a smart (that’s key) serial acquirer–and asset divester–in the life sciences space. And that makes this stock very interesting in an environment where small, young life sciences companies might be looking for help/rescue/acquisition because they can’t raise capital in a tough part of the credit cycle. I like Danaher now, as well, because the stock looks to have just about completed its re-rating after a spike in sales during the Covid pandemic led to over enthusiasm about the stock.

Special Report: 10 Great Growth Stocks that Are Getting Greater–today my 6th pick Danaher

Danaher continues its post-Covid reset–now is the time to buy future growth

The comparisons with 2022 continue to hurt shares of Danaher (DHR). For the second quarter, reported yesterday, the company saw revenue down 8% and adjusted earnings per share off 26% year over year. The culprit is easy to see. But I continue to hold Danaher in my Jubak Picks Portfolio where the position, initiated on June 20, 2017, was up 198.3% as of the close on July 25. Tomorrow July 26, I’ll be adding these shares to my long-term 50 Stocks portfolio. Danaher is one way to play the growth of the drug sector and the need of these companies for pure water.

Special Report: 10 Great Growth Stocks that Are Getting Greater–today my 6th pick Danaher

Danaher is Pick #6 for my Special Report: It’s a Market Melt Up!!!

It’s hard today, November 30, to find any stock with the kind of momentum that I’m looking for in the last month of 2021. Apple (AAPL) looks like a good possibility, which is why I made it Pick #5 in this Special Report and why I added the shares to my Jubak Picks and Volatility portfolios. Danaher’s (DHR) momentum is less obviously–especially on a day like today when the stock has closed don 1.87% to $320.42. But take a step back.