Was Osterweis Capital Management Right About These 5 Stocks?

4. Danaher Corporation (NYSE:DHR)

Osterweis Capital Management’s Stake Value: $50.7 million
Performance of the stock over the past 12 months as of November 24: -16%

Danaher Corporation (NYSE:DHR) is a Washington-based globally diversified conglomerate that is involved in the design, manufacture, and marketing of professional, medical, industrial, and commercial products and services.

On October 25, Argus analyst David Toung kept a Buy rating and $340 price target on Danaher Corporation (NYSE:DHR) after its “solid” Q3 results.

Here is what ClearBridge Investments has to say about Danaher Corporation (NYSE:DHR) in its Q2 2021 investor letter:

“Our differentiated positions in the health care sector also made strong contributions as the market began to reward the heavily discounted sector. Danaher, for example, is seeing customer activity approach pre-pandemic levels and is executing well. In addition to improving health through its life sciences (research tools for biopharmaceutical, food and beverage, medical, aerospace and microelectronics industries) and diagnostics (tools for use in labs and critical care settings) businesses, Danaher offers environmental and applied solutions that keep global food and water supplies safe.”