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Danaher marked all-time highs

Published: October 16th, 2020 - 5.18pm EDT

Danaher Corporation ($DHR) has been systematically reaching new all-time highs in the previous days. Danaher Corporation ($DHR) stock just changed today a 0.9% ending at $227.45 and marking the new all-time highs at $229.45.

On September 29, Wells Fargo & Company rated Danaher with strong positive. The guidelines issued by financial brokerage firms are not a buy or sell recommendation for small investors, so it is not wise to follow them blindly.

Since last March, Danaher has been drawing an uptrend that by now marked a gorgeous 90.81%. During this uptrend, the price provided some buy points on the breakouts. Latest low was in early September, when price bounced at $192.34. On September 29, Danaher broke out above its last top ($210.39) giving a good buying opportunity

Danaher Corporation designs, manufactures, and markets professional, medical, industrial, and commercial products and services worldwide. The company operates through three segments; Life Sciences, Diagnostics, and Environmental & Applied Solutions. The Life Sciences segment provides mass spectrometers; cellular analysis, lab automation, and centrifugation instruments; microscopes; and genomics consumables.. The stock is part of the Diagnostics & Research industry in the Healthcare sector. The company's Headquarters are in Washington, United States, and has 60,000 employees worldwide. Its corporate website is http://www.danaher.com.

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