5 Best Stocks to Buy According to Highbridge Capital

2. Danaher Corporation (NYSE: DHR)

 Highbridge Capital’s Stake Value: $57,960,000
Percent of Highbridge Capital’s 13F Portfolio: 2.31%
Number of Hedge Fund Holders: 81

Danaher Corporation (NYSE: DHR) is second on our list of the best stocks to buy according to Highbridge Capital. It is an American company that designs and manufactures medical, commercial, and industrial products. As of Q1 2021, Highbridge Management Capital owns 257,508 shares in the company, worth $57.9 million. The fund increased its stake in Danaher Corporation (NYSE: DHR) by a whopping 34% in Q1.

The Q1 2021 reports of Danaher Corporation (NYSE: DHR) state the net earnings of $1.7 billion or $2.29 per share. The numbers mark a jump of 182.5% from the same period last year. The company’s board announced a dividend of $0.21 per share this quarter. The stock has been performing extremely well for the past five years and has soared by over 7% year to date.