We recently published 10 Stocks Jim Cramer Talked About As He Said Everyone Won From Trump’s Japan Deal. Danaher Corporation is one of the stocks Jim Cramer recently discussed.
Danaher Corporation is an American life sciences, diagnostics, and biotechnology equipment provider. Its shares have lost 11% year-to-date, and Cramer isn’t a fan of the stock either. He has criticized Danaher Corporation multiple times in his morning show. Yet, despite the criticism, the CNBC TV host continues to hold the stock for his charitable trust as he has known Danaher Corporation for three decades. He reiterated the sentiment this time as well:
“And Danaher’s up again. . .my charitable trust owns Danaher, it’s been a disaster.”
Source:pexels
Previously, Cramer explained why his trust continues to hold Danaher Corporation:
“Okay, well, let me tell you, we never left it for the Charitable Trust because I have faith, ultimately, that this company will come through. Why? I’ve known it for 30 years. I have felt that it always does things right in the end. I am sticking by that, and I truly believe that Danaher can make a comeback. This is healthcare, a lot of IPOs are coming. They have China business. The China business isn’t that bad. I am not abandoning Danaher right here.”
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This article is originally published at Insider Monkey.
