Danaher Corporation (DHR): Maybe It Can Be Great Again, Says Jim Cramer

We recently published 11 Stocks That Jim Cramer Recently Talked About. Danaher Corporation (NYSE:DHR) is one of the stocks Jim Cramer recently discussed.

Danaher Corporation (NYSE:DHR) is a stock that Jim Cramer has a bittersweet relationship with. His trust has continued to hold the shares despite the fact that they have lost 11.7% year-to-date. The stock has struggled amidst trade tensions between the US and China. In this appearance, Cramer discussed Danaher Corporation (NYSE:DHR)’s recent earnings and linked them to market sentiment:

“I want people to know how wrong this market can be. I read Danaher this morning, big company. And I saw that they’re better than expected. In both divisions that I was really worried about. Including the biotech. They actually contained China. Life sciences was much better than expected. CFO left, I don’t mind that he left. Operating margin was better than expected and the stock was down eight. Okay. It was down eight. And I said, okay. You know, keep the, it’s the charitable trust, keep the shoe laces away from me, take my belt away. But, it turns out, that it mattered that all these were good. This is the beginning of a Danaher move. But it went from 182, which was just catastrophic, to be up now. And I think that, what I want people to understand. Don’t look at the stock. Look at the company. Because if you looked at the company, it was a lot better than the stock. . .now I think maybe this is the bottom. I don’t know. But every division was good and I only expected one division to be good. This used to be a great company. Maybe it can be a great company again.”

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Disclosure: None. This article is originally published at Insider Monkey.