Top 5 Stock Picks of John Zaro’s Bourgeon Capital

In this article, we will be taking a look at the Top 5 Stock Picks of John Zaro’s Bourgeon Capital. To read our detailed analysis of John Zaro’s profile, investment strategy, risk/reward, and 13F holdings, you can go to Top 10 Stock Picks of John Zaro’s Bourgeon Capital.

5. Danaher Corporation (NYSE:DHR)

Bourgeon Capital’s Stake Value: $12,318,000

Percentage of Bourgeon Capital’s 13F Portfolio: 3.25%

Number of Hedge Fund Holders: 82

Danaher Corporation (NYSE:DHR) is a global science and technology company providing products and services across life sciences, diagnostics, environmental and applied sectors through more than 20 operating companies. It has operations in more than 60 countries.

Danaher Corporation (NYSE:DHR) is among the top 5 companies on the list of Bourgeon Capital’s holdings with the investment company owning 48,587 shares making up 3.25% of its 13F portfolio. Bourgeon Capital’s stake increased by 1% in Q2 2020, compared to the previous quarter.

In July, Danaher Corporation (NYSE:DHR) released the financial results for Q2 2022 ended July 1, 2022. Its revenue increased by 7.5% y-o-y to $7.8 billion, while its net income declined by 1.5% y-o-y to $1.7 billion, for the three months. The normalized EPS for the quarter was recorded at $2.76, beating the consensus by $0.42.

Last month, analysts at RBC Capital, Baird, and Barclays raised the price target for Danaher Corporation (NYSE:DHR) shares, while UBS analyst Elizabeth Garcia initiated coverage of the stock with a ‘Buy’ rating.

As of Q2 2022, 82 hedge funds tracked by Insider Monkey were long Danaher Corporation (NYSE:DHR).