It's no secret that the industrial sector is facing a difficult 2016, and historically investors have favored stocks such as Danaher Corporation for their "safe haven" qualities. The company's exposure to healthcare, environmental, and dental technologies gives it defensive qualities. Moreover, 60% of its revenue comes from recurring (often high-margin consumables) sales. That said, its recent fourth-quarter results saw core revenue come in flat, when management had expected 2% growth. Which of course begs the question: Is Danaher still a safe haven?
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