Given the weakening in the industrial economy in the last six months, investors have increasingly bought into companies like Danaher for two main reasons:
First, its mix of healthcare and niche technology businesses and minimal exposure to oil and gas capital spending means it should avoid the worst of the slowdown.
Second, it's somewhat of a special-situations stock in the sense that its $13.8 billion acquisition of filtration company Pall Corp. was with the intention to separate itself into two publicly traded companies.
That said, do its recent third-quarter results back up this thesis?
READ THE FULL EQUItY RESEARCH ARTICLE LINKED
First, its mix of healthcare and niche technology businesses and minimal exposure to oil and gas capital spending means it should avoid the worst of the slowdown.
Second, it's somewhat of a special-situations stock in the sense that its $13.8 billion acquisition of filtration company Pall Corp. was with the intention to separate itself into two publicly traded companies.
That said, do its recent third-quarter results back up this thesis?
READ THE FULL EQUItY RESEARCH ARTICLE LINKED
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