Thursday, January 31, 2013

Investopedia: Danaher Still A High-End Conglomerate And Priced Like One

Nothing seems to change all that much at Danaher (NYSE:DHR). The company has a time-tested formula and business plan, and management executes it quite well. The value that this business creates tends to be obscured by GAAP accounting rules, but the valuation shows that most investors appreciate what the company can do. Though I believe management is probably playing it conservative with 2013 guidance, valuation is a little steep right now, even if you believe in the company's ongoing ability to produce value for shareholders.

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