Danaher (DHR) nudged up to a relative strength of 70+ but has subsided back to 66.7.
The following analyses suggest a higher potential/probability of some short- and intermediate-term price disturbance … but depending on portfolio-centered decisions, likely a hold in most portfolios.
But a stock price speed bump wouldn’t surprise us.
Danaher (DHR) is a consensus hold based on the following perspectives:
Business Model Analysis
It’s pretty clear why Danaher (DHR) has been a long-time community favorite and charter member (since 9/30/2005) of the MANIFEST 40.
Say it with me: “Up, Straight and Parallel”
The analysis supports a sales growth forecast of 7-10%, consistent with the opinions of Value Line, Morningstar and S&P.
Chronicle: Return Forecast and Quality EKG
Expecting Alpha 