12 Best Long Term Low Risk Stocks to Buy Right Now

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5. Danaher Corporation (NYSE:DHR)

Number of Hedge Fund Holders: 98     

Danaher Corporation (NYSE:DHR) is a Washington-based conglomerate with interests in professional, medical, industrial, and commercial products and services. The stock has declined in recent days after the firm posted fourth-quarter earnings, reporting earnings per share of $2.14 on sales of $6.5 billion, slightly below Wall Street’s expectations of $2.16 per share, but sales exceeding the forecast of $6.4 billion. In Q3 2024, the firm achieved revenues of $5.8 billion, a 3% year-over-year increase, with non-GAAP core revenue growth of 0.5%. Danaher’s emphasis on high-margin bioprocessing within its life sciences sector is central to its growth strategy. The anticipated recovery in bioprocessing is expected to significantly boost earnings per share in the coming years.

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