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We're Buying More of This High-Quality Health-Care Stock Amid the Market Sell-Off

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This buy will increase DHR’s weight in the portfolio from about 1.78% to roughly 2.13%.

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As for valuation, with shares now falling to just below 29x forward earnings estimates, we believe support will start to come in. This is because, although Danaher's multiple is above market, the stock has historically traded in the mid-to-upper 20s multiple region.

 

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