Danaher's most recent trend suggests a bearish bias. One trading opportunity on Danaher is a Bear Call Spread using a strike $145.00 short call and a strike $155.00 long call offers a potential 5.26% return on risk over the next 13 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $145.00 by expiration. The full premium credit of $0.50 would be kept by the premium seller. The risk of $9.50 would be incurred if the stock rose above the $155.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Danaher is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Danaher is bearish.
The RSI indicator is at 50.75 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Danaher
Macquarie Infrastructure's (MIC) Q2 Earnings Decline Y/Y
Thu, 01 Aug 2019 14:30:02 +0000
Macquarie Infrastructure's (MIC) second-quarter earnings decline year over year on account of higher selling, general and administrative and depreciation costs and rise in interest expenses.
General Electric (GE) Beats Q2 Earnings Estimates, Ups View
Wed, 31 Jul 2019 14:36:31 +0000
General Electric's (GE) second-quarter 2019 earnings decline year over year due to weakness in sales and margins. However, earnings beat estimates by 41.7%. It raises earnings view for 2019.
GE on hunt for new CFO as Miller steps down
Wed, 31 Jul 2019 12:28:27 +0000
General Electric Co. Chief Financial Officer Jamie Miller is leaving the Boston-based company, though she will stay on temporarily while it searches for her successor. GE (NYSE: GE) announced Tuesday morning that Miller was transitioning out of the role. The company gave no reason for her impending departure.
Could GE’s Q2 Results Surprise Investors Again?
Mon, 29 Jul 2019 16:19:45 +0000
General Electric (GE) is slated to report its Q2 results on Wednesday. Let’s look at what analysts expect from the company in the second quarter.
General Electric Stock Has Short-Term Headwinds, Long-Term Tailwinds
Mon, 29 Jul 2019 14:10:27 +0000
Heading into General Electric's (NYSE:GE) second-quarter results, due to be reported on Wednesday before the market opens, there's a good chance that its quarterly results will not beat expectations. But for longer-term investors, the risk-reward ratio of GE stock is extremely positive, as GE has multiple, powerful, long-term catalysts, and the company's valuation is attractive.Source: Shutterstock A few near-term headwinds will probably prevent GE's Q2 results from coming in above analysts' average estimates.Specifically, Boeing (NYSE:BA) may temporarily suspend production of its 737 Max plane and warned that its new 777X plane could be delayed because of problems that GE is having with its new GE9X engine. Those moves by Boeing may have stymied the results of GE's Aviation unit last quarter, preventing its overall Q2 results from beating expectations.InvestorPlace – Stock Market News, Stock Advice & Trading TipsMeanwhile, General Electric's Renewable unit is being hurt by the looming reduction of the federal investment tax credit for wind energy projects in 2020 to 26% from 30% this year. Finally, GE's healthcare business is suffering from "separation costs, supply chain finance transition and compensation timing." Given all of those headwinds, GE's overall Q2 results may even come in slightly below analysts' average estimates. And in the short run, mediocre Q2 results could cause GE stock to retreat meaningfully. GE Stock Has Long-Term TailwindsBut over the longer term, General Electric stock has multiple, powerful tailwinds. Many analysts and pundits have suggested that General Electric is poised to go bankrupt or disappear. But the company is very unlikely to collapse, as its CEO, Larry Culp, has said that it's " 'making a lot of progress' on meeting its goals relative to reducing debt." * The 10 Best Index Funds to Buy and Hold In another article, published in January, I noted that $26 billion of GE's debt is slated to mature this year in 2020. I estimated that the company could raise $25 billion of cash from selling assets. The company now looks poised to exceed that estimate, as it agreed to sell its biopharma unit to Danaher (NYSE:DHR) for $21.4 billion, while it's reportedly in talks about selling its air-leasing unit for $4 billion and it has agreed to unload a small part of its stake in Baker Hughes (NYSE:BHGE) for another $4 billion.In June, another InvestorPlace columnist, Luke Lango, pointed out that "GE's Aviation business alone could be worth more than $70 billion." But the market cap of GE stock now is only $91 billion, indicating that investors still have doubts about the long-term viability of GE. As those doubts continue to dissipate, the GE stock price will likely rise much further.The company's huge Power and Aviation businesses are showing tremendous signs of improvement and have powerful, upcoming catalysts. As I pointed out in a previous column, in Q1:"[T]he value of (Power's) organic orders, i.e. its orders excluding acquisitions and divestments of units, rose 14% year-over-year, while its sales fell only 4% YoY. That compares with a 19% YoY decline in orders in Q4 and a 25% YoY plunge in revenue."Meanwhile, in-line with my previous predictions, natural gas usage in the U.S. is actually increasing significantly, meaning GE stock bears' prediction of continuing decline in its use has been inaccurate. And, interestingly, Los Angeles, one of the nation's most left-wing cities in one of its most left-wing states, is looking to stop using three natural gas plants, but plans to use a new, $865 million gas plant.So natural gas is quite alive and well in the U.S., and GE's Power unit, which sells gas turbines and other equipment for natural gas plants, is poised to benefit from that fact. And as I've pointed out in the past, increased production of electric cars, data centers and marijuana will meaningfully boost electricity usage in the U.S. and other nations, significantly improving Power's results.Add to that the fact that Culp, who's universally admired for his management acumen, has said that he's working to improve the responsiveness of Power to its customers. * 7 Stocks to Buy That Save You Money Aviation, meanwhile, is benefiting from non-cyclical increases in the demand for airplanes from emerging economies. Its free cash flow its expected to be flat at around $4.2 billion this year and next year, before rising in 2021. In-line with that forecast, the unit received $55 billion of new orders at June's Paris Air Show, up from $31 billion in 2017. The Bottom Line on General Electric StockGeneral Electric stock is facing some short-term problems that will probably prevent the company's Q2 results from beating expectations. Still, the company's longer-term positive catalysts, along with the favorable valuation of General Electric stock, make the risk/reward ratio of GE very favorable. As a result of these upbeat catalysts, the company could also raise its longer-term guidance on Wednesday.As of this writing, Larry Ramer did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Semiconductor Stocks to Buy for Your Inner Geek * 7 Stocks to Buy That Save You Money * 4 Stocks to Sell Now The post General Electric Stock Has Short-Term Headwinds, Long-Term Tailwinds appeared first on InvestorPlace.
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