Jim Cramer’s Thoughts on These 9 Stocks

1. Danaher Corporation (NYSE:DHR)

Number of Hedge Fund Holders: 98

Cramer noted that Danaher Corporation (NYSE:DHR) turned out to be bad for him and expressed disdain about management’s attitude during the latest earnings call.

“Danaher’s been bad for me… I’ve known the company for so long, but that last quarter was terrible and frankly, they were very smug on the call talking about how good it was and that was a very ill-advised strategy that they adopted and I don’t like it.”

Danaher Corporation (NYSE:DHR) designs and manufactures a broad range of products and services across several industries, offering solutions for therapeutic development, clinical diagnostics, and laboratory research. Discussing a factor that has been impacting the company, Cramer recently commented, “The one… sharp as a tack people, actually Danaher, who’ve lost their way and don’t even know it, have been bashed by China.”

While we acknowledge the potential of Danaher Corporation (NYSE:DHR) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than DHR but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

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Disclosure: None. This article was originally published at Insider Monkey.