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Consider Danaher, because bar codes and smart instruments rule

If you've ever scanned a product or otherwise use a bar code, then you know the value in Danaher Corp. (NYSE: DHR).

Among other devices, Danaher makes electronic and environmental testing products, including devices that read bar codes.

Further, although analysts generally see low, single-digit revenue growth for FY2009, sales growth beyond that should be assisted by new and improved products, by the economic recovery, and via acquisitions. Analysts are also impressed by DHR's productivity improvements and cost-cutting efforts. The company's balance sheet is strong. The First Call FY2009/FY2010 EPS estimates for DHR are $3.43 to $3.66.

Continue reading Consider Danaher, because bar codes and smart instruments rule

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Last updated: May 26, 2012: 02:32 PM

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