We are buying 20 more Danaher shares at approximately $ 180 each. After Thursday's trade, Jim Cramer's charitable trust will possess 470 DHR shares, which increases its weighting to approximately 2.31% of approximately 2.22%. While Danaher has certainly been one of the doors of problematic actions in the portfolio, we are entering the name here, since we believe that the 3% movement on Thursday is exaggerated. A key investment principle that we have held for a long time, and that has bite us again when we do not adhere to it, is that giving up value is a sin. Danaher has its share of problems, and the general health sector has not been the best neighborhood in which it will be, but there is a point where these problems have a price. We believe that this point is here, in around $ 180. Danaher is exposed to medical care markets through their diagnostic business and biotechnology through life sciences. Not only are the actions negotiate at the lowest level in five years, with a brief exception the days immediately after the announcement of “reciprocal” rates of President Donald Trump in early April, they are now entering the territory of overalls. However, according to current estimates, Danaher's shares are also quoted at their cheapest assessment since December 2018, on a term price to profits. As a result, we believe that we must retain the nose and buy a part of the actions we sold at higher prices during the summer. DHR 5Y MOUNTAIN DANAHER 5 years In addition to tradeing at these deleted levels, we are intervening because the company at the beginning of this month authorized the repurchase of up to 35 million shares, or just under 5% of the actions in circulation. Without a doubt, management sees the same price of shares and the dynamics of valuation as us, and we hope to discover that they are. Also, buying here right next to us. With this purchase, we are buying 20 of the 100 Danaher shares sold in July and updating the shares at our qualification of 1 equivalent purchase 1. We maintain our objective price at $ 240 per share. (Jim Cramer's charitable trust is long DHR. See here a complete list of actions). As a subscriber of the CNBC Investing Club with Jim Cramer, he will receive a commercial alert before Jim makes an exchange. Jim waits 45 minutes after sending a commercial alert before buying or selling an action in the portfolio of his charitable trust. If Jim has talked about an action on CNBC TV, wait 72 hours after issuing the trade alert before executing the operation. The information of the previous investment club is subject to our terms and conditions and privacy policy, together with our discharge of responsibility. There is no fiduciary obligation or duty, or is created, by virtue of receiving any information provided in relation to the investment club. No specific results or profits are guaranteed.
