Danaher: I'm Buying This Compounder On Any Weakness
May Lim Introduction It's time to talk about one of the two stocks in my portfolio with a sub-1% dividend yield: Danaher Corporation . This healthcare-focused corporation is currently my 8th-largest investment after I aggressively added to it during this year's various sell-offs. My most recent article, titled Danager Sells Off - I'm Buying, was written in April when the stock sold off more than 6% after earnings. Since then, the stock has risen 14%, as just-released earnings have caused the stock to break out from the downtrend that started in 2021. FINVIZ This downtrend was fueled by rising rates and evaporating COVID benefits. While both of these headwinds are still an issue, they are quickly fading, allowing investors to focus on the company's core business again, which continues to fare extremely well. In this article, I'll cover these numbers and explain why I'm a buyer on any corrections down the road. So, let's get to it!
Danaher: I'm Buying This Compounder On Any WeaknessDisclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.