Danaher

DHR

Danaher Corporation is an American globally diversified conglomerate with its headquarters in Washington, D.C.. The company designs, manufactures, and markets professional, medical, industrial, and commercial products and services. The company's 3 segments are "Life Sciences", "Diagnostics" and "Environmental & Applied Solutions".Danaher is ranked 160th on the Fortune 500.In 2019, Danaher was ranked by Forbes as one of the best employers for diversity.The company is named after Danaher Creek in Western Montana. It was fishing in this creek where the founders, brothers Steven M. Rales and Mitchell Rales, envisioned a new kind of manufacturing company dedicated to continuous improvement. Danaher was one of the first companies in North America to adopt "Kaizen" principles to manufacturing, which is a lean manufacturing Japanese philosophy of continuous improvement, and elimination of waste.

Danaher has been a target of short sellers for a while. The current short interest of 1.37% is roughly at the average of the last 12 months (1.20%).