News Formal

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

  • 📰 NBCDFW
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

United States News News

United States United States Latest News,United States United States Headlines

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

Watch Now: ETF Edge on the Crypto Crunch and What's in Store for Digital Assets in 2022

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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 288. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Sellout Kramer

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Asian Stock Market: Traders jostle amid thin liquidity on Japan holiday, China defends bullsAsian Stock Market: Traders jostle amid thin liquidity on Japan holiday, China defends bulls By anilpanchal7 Asia RiskAppetite China Coronavirus Fed
Source: FXStreetNews - 🏆 14. / 72 Read more »