Jim Cramer on Danaher: “At These Prices, It’s Clearly Overvalued”
Jim Cramer has stated that Danaher Corporation (NYSE: DHR) is currently overvalued, trading at 21 times earnings with only 4-6% organic growth. He contrasted this with Thermo Fisher, which trades at under 20 times earnings and has a 1% organic growth rate. Cramer noted Danaher's stock has been "pulverized" after a series of disappointing quarters, with the stock down 27% year-to-date, alongside other medical and diagnostic companies experiencing significant declines.
https://finance.yahoo.com/markets/stocks/articles/jim-cramer-danaher-prices-clearly-105830165.html