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Tuesday, January 4, 2011

Danaher: Time to Take Some Profits off the Table?

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The impressive growth story for bar code giant Danaher Corp. (DHR), first discussed here on June 4, 2009 at a split-adjusted price of $31.48, continues, and I obviously still like the shares here.



Currently trading at/near $48, now would be a good time to consider taking some profits off the table with DHR. Those investors who can tolerate the risk can maintain their full position to go for an even larger gain. Danaher will likely post 2010 revenue growth of 12-15%, followed by another impressive revenue rise in 2011, boosted by acquisitions and a strong international performance.

Continue reading Danaher: Time to Take Some Profits off the Table?

Danaher: Time to Take Some Profits off the Table? originally appeared on BloggingStocks on Mon, 03 Jan 2011 17:30:00 EST. Please see our terms for use of feeds.

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