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☆ Demand for human-like robots that can do just about any job is expected to boom by 2026. These 10 stocks are set to profit off the growth, according to an investment strategist.
▼ + stars: | 2024-04-23 | by ( Laila Maidan | ) www.businessinsider.com time to read: +4 min

By 2027, that ratio is expected to increase to 43% of tasks completed by machines and 57% by humans. "On the one hand, yes, it's scary to envision a world in which almost no job is safe from automation or from robotics. The annual installation of industrial robots is expected to grow by about 30%, from 553,000 installations in 2022 to 718,000 in 2026. Themes ETF launched its version of a robotics-focused ETF called Themes Robotics and Automation ETF (BOTT) on Monday. Lincoln Electric Holdings (LECO)Toyota Industries (6201 JP)Esab Corp (ESAB)Nordson Corp (NDSN)Fortive Corp (FTV)Intel Corp (INTC)Konecranes Oyj (KCR FH)Microchip Technology (MCHP)Silicon Motion Technology (SIMO)Semtech Corp (SMTC )

Persons: Taylor Krystkowiak, Krystkowiak, Konecranes, SIMO, Semtech Organizations: Boston Dynamics, Business, International Federation of Robotics, Automation, Lincoln Electric Holdings, Toyota Industries, Esab, Nordson, Fortive, Intel Corp, Technology, Motion Technology Locations: Medicine, guesswork

☆ 10 of our stocks report earnings next week. Here's what we want to see from each
▼ + stars: | 2024-01-27 | by ( Zev Fima | ) www.cnbc.com time to read: +16 min

All three major averages posted gains for the third consecutive week, lifted by solid quarterly earnings and positive economic data. Earnings season ramps up next week, with five of the Super Six mega-cap stocks delivering results. Employment numbers are the most important economic data, with Friday's January nonfarm payrolls report carrying the most weight. The January ISM Manufacturing report on Thursday and December's factory orders report Friday are expected to show the sector still in contraction mode. But earnings and commentary this week from peer Sartorious made us encouraged about a return to growth in 2024.

Persons: nonfarm, December's, Sartorious, We've, Stanley Black, Decker, We're, We'd, Royal Philips, Crane, Woodward, ServisFirst, Cadence Bancorporation, CADE, Johnson, Phillips, Avery Dennison, Columbus McKinnon, Robinson, SIRI, Cardinal Health, Parker, DOV, Pitney Bowes, Ferrari N.V, CSW, COLM, W.W, Grainger, Dwight Co, Jim Cramer's, Jim Cramer, Jim, Tim Cook, Justin Sullivan Organizations: Gross, Procter, Gamble, Gillette, Super, Consumer, JPM Healthcare, Amazon, Microsoft, Honeywell, Aerospace, Solutions, Apple Watch, Masimo, Vision Pro, Franklin Resources, Resource Partners, Bank of Marin Bancorp, Bank7 Corp, Pacific Premier Bancorp Inc, Provident Financial Holdings, Dynex, Cliffs Inc, Nucor Corp, Whirlpool Corp, F5 Networks, Capital Southwest Corp, Harbors Investment Corp, Crane Co, Payne, Equity, Heartland Financial, Cadence, FinWise Bancorp, Five Star Bancorp, PotlatchDeltic Corporation, Sanmina Corporation, Pfizer, General Motors Corp, United Parcel Service, JetBlue Airways Corporation, Smith Corp, Marathon Petroleum Corp, HCA Healthcare, Oshkosh Corporation, SYSCO Corp, Danaher Corp, Johnson Controls, M.D.C . Holdings, Commvault Systems Inc, Hope Bancorp, Hubbell Incorporated, Malibu Boats, Polaris Industries, Inc, Camden National Corp, Cambridge Bancorp, Microsoft Corp, Starbucks Corp, Devices, Electronic Arts Inc, Juniper Networks, Stryker Corp, Lending, Canadian, Canadian Pacific Kansas City Limited, Mondelez, Chubb Corporation, Modine Manufacturing, Partners, Management, Hawaiian Holdings, Manhattan Associates, Unum Group, UNM, Axos, Enova, Boston Properties, Boeing Co, Novo Nordisk, Mastercard Inc, Roper Technologies, Boston Scientific Corporation, MarketAxess Holdings, Fisher, Aptiv PLC, Hess Corp, Nasdaq, United Microelectronics Corp, Rockwell Automation, Teva Pharmaceutical Industries, Ltd, Avery, Avery Dennison Corp, Extreme Networks, Otis Worldwide Corporation, OTIS, Columbus, Columbus McKinnon Corp, Central Pacific Financial Corp, Brinker International, Fortive Corporation, Qualcomm, Technology, Metlife, Hanover Insurance, Barn Holdings, CONMED Corporation, DLH Holdings Corp, Meritage Homes Corporation, Honeywell International, Eaton Corp, Altria, Royal Caribbean Cruises Ltd, Merck, Co, Enterprise Products Partners, Dorian LPG, SiriusXM Holdings, Cardinal, Hannifin Corporation, Allegheny Technologies Incorporated, Tractor Supply Company, Trane Technologies, Dover Corp, Huntington Ingalls Industries, Brunswick Corporation, Dickinson, Canada Goose Holdings, Kirby Corp, WEC Energy Group, WestRock Company, Allegro MicroSystems, Ball Corporation, Broadridge Financial, BrightSphere Investment Group, CMS Energy Corp, Lancaster Colony Corp, Rogers Communications Inc, Sanofi, Apple, Atlassian Corporation, United States Steel Corp, Corp, Adtalem Global, Homes, DXC Technology Company, Eastman Chemical Company, Gen, Post Holdings, America, Columbia Sportswear Company, Exxon Mobil Corp, Chevron Corporation, Myers Squibb Co, CIGNA Corp, Regeneron Pharmaceuticals, Charter Communications, AON, Cboe, Dwight, Banco Santander, Jim Cramer's Charitable, CNBC, Apple Vision, Getty Locations: China, East, United States, Europe, Cleveland, Alexandria, California, Corning, Canadian Pacific, Teradyne, TER, Novo, Hanover, PBI, Skechers U.S.A, Bristol, Chile

☆ Restaurant stocks McDonald's and Chipotle could be due for a pullback after the market's rally this week
▼ + stars: | 2023-11-03 | by ( Hakyung Kim | ) www.cnbc.com time to read: +4 min

The stock market is enjoying its best week of 2023, but some names may have gotten ahead of themselves. That said, some stocks have become overbought during this week's rally — and could be due for a pullback. MCD YTD mountain McDonald's stock Beverage company Coca-Cola was another one of the several consumer names on this week's overbought list. Here are the 10 most oversold names in the broad market index: Several health-care companies were among this week's most oversold stocks. SEDG 1D mountain SolarEdge shares Revvity, Henry Schein, Align Technology and Fortive are some of the other oversold names from this week.

Persons: McDonald, Kraft Heinz, Amgen, David Palmer, CNBC's, Dr Pepper, SolarEdge, Zvi Lando, Henry Schein Organizations: Dow Jones, Nasdaq, PayPal, Pfizer, CNBC, Beverage, PepsiCo, Monster Beverage, Grill, Darden, Moderna, Enphase Energy, SolarEdge Technologies, Technology Locations: U.S, Europe

☆ Fortive cuts full-year profit forecast
▼ + stars: | 2023-10-25 | by ( ) www.reuters.com time to read: +1 min

Oct, 25 (Reuters) - Fortive (FTV.N), whose industrial measurement equipment and software-enabled automation are used in a range of industries, cut its full-year profit forecast on Wednesday due to inflationary pressures and ongoing supply chain snarls. The company, whose technology is used in industries ranging from hospitals to construction and broadcast to food, now expects full-year earnings per share of $2.30 to $2.33. It had forecast earningws of $2.38 to $2.44 per share earlier. Fortive, like its peers Emerson Electric Co (EMR.N) and Rockwell Automation (ROK.N), has benefited from companies revamping their facilities as labor gets expensive. Reporting by Abhinav Parmar and Nathan Gomes in Bengaluru; Editing by Savio D'SouzaOur Standards: The Thomson Reuters Trust Principles.

Persons: Emerson, Abhinav Parmar, Nathan Gomes, Savio D'Souza Organizations: Emerson Electric Co, Rockwell Automation, EA, Automatik Holdings, Thomson Locations: Bengaluru

☆ Fortive acquires German manufacturer Elektro-Automatik for $1.45 bln
▼ + stars: | 2023-10-23 | by ( ) www.reuters.com time to read: +1 min

Oct 23 (Reuters) - Industrial technologies company Fortive Corporation (FTV.N) on Monday said that it entered into a definitive agreement to acquire German manufacturer EA Elektro-Automatik Holdings GmbH for $1.45 billion in cash. Elektro-Automatik makes test solutions for energy storage, mobility, hydrogen, and renewable energy markets. Reuters reported earlier this month that Emerson Electric Co (EMR.N) and Keysight Technologies Inc (KEYS.N) had also expressed interest in buying the German manufacturer. Fortive expects to fund the acquisition with available cash and debt financing. Reporting by Aishwarya Jain; Editing by Dhanya Ann ThoppilOur Standards: The Thomson Reuters Trust Principles.

Persons: Aishwarya Jain, Dhanya Ann Thoppil Organizations: Fortive Corporation, EA, Automatik Holdings, Reuters, Emerson Electric Co, Keysight Technologies, Thomson

☆ 3 things to watch in the stock market next week as bond yields hover at 2007 highs
▼ + stars: | 2023-10-21 | by ( Matthew J. Belvedere | ) www.cnbc.com time to read: +12 min

The usual suspects were to blame — rising bond yields, geopolitical tensions, and oil prices — and will hold the keys to the market this coming week. Earnings are one of the three major themes on the marquee next week, with 10 Club companies reporting. Here are the companies: Danaher (DHR), Microsoft (MSFT), Alphabet (GOOGL), Meta Platforms (META), Veralto (VLTO), Honeywell (HON), Linde (LIN), Amazon (AMZN), Ford (F) and Stanley Black & Decker (SWK). As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: —, Jerome Powell, Jim Cramer, Jim, Morgan Stanley, Stanley Black, Decker, Danaher, Veralto, it's, Mark Zuckerberg, We're, Vimal Kapur, Linde, Jim Farley, Ford, FactSet, Powell, WTI, Baker Hughes, Edwards Lifesciences, Northrop, CARR, Davidson, Dr Pepper, Phillips, Jim Cramer's, Michael M Organizations: Dow Jones, Nasdaq, Economic, of New, Treasury, West Texas, Procter, Gamble, 10, Microsoft, Honeywell, Linde, LIN, Health Care, Technology, Communications Services, Google, Meta, Ford, Amazon, United Auto Workers, Atlanta, Wall Street, Hamas, Brent, Strategic Petroleum Reserve, Logitech, Verizon, General Electric, GE, RTX Corporation, Halliburton, HAL, General Motors, Dow Chemical, DOW, Xerox, Texas Instruments, F5 Networks, WM, Boeing, Fisher, Mobile, Hilton, General Dynamics, Norfolk Southern, Otis Worldwide, IBM, KLA, O'Reilly Automotive, Mattel, Whirlpool, Gross, Royal Caribbean Cruises, Hershey Company, United Parcel Service, Southwest Airlines, Altria, Northrop Grumman, Valero Energy Corp, Mastercard, Merck, Co, Myers Squibb, Newmont, Tractor Supply Company, Comcast, Seagate Technology, Boston, Hertz, Carrier, Hasbro, Harley, Intel, Grill, United States Steel, Boston Beer Company, Texas, University of Michigan, Exxon Mobil, Chevron, Charter Communications, Colgate, Palmolive, Newell Brands, Sanofi, Jim Cramer's Charitable, CNBC, Traders, New York Stock Exchange, Santiago, Getty Locations: of New York, U.S, Industrials, OpenAI, America, Venezuela, Cleveland, Norfolk, ORLY, Bristol, Brunswick, Oshkosh, New York City

☆ This health-care stock is set to complete another spin-off. Here's what it means for our position in the stock
▼ + stars: | 2023-09-08 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +6 min

Veralto will consist of two primary divisions – water quality and product quality & innovation – which generated nearly $5 billion in combined sales in 2022 under the Danaher roof. The water quality unit contributed about 60% of that figure. Bottom line We expect to stay invested in both Danaher and Veralto once the spin-off is completed and the tax-free share distribution occurs on Sept. 30. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade.

Persons: we're, Jennifer Honeycutt, Melissa Aquino, –, Sameer Ralhan, Ralhan, Danaher, Veralto, they're, Jim Cramer's, Jim Cramer, Jim, Joe Raedle Organizations: Wall Street, Veralto's, CNBC, Miami, Getty Locations: Danaher, Veralto, New York, U.S, . New York City

☆ Morgan Stanley says this HVAC stock lacks near-term catalysts
▼ + stars: | 2023-06-08 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Carrier Global 's long-term potential is currently overshadowed by a catalyst-free near term, Morgan Stanley warned. Analyst Joshua Pokrzywinski downgraded the HVAC stock to equal weight from overweight and cut his price target by $2. "But view the lack of near-term catalysts and relative resilience vs. other HVAC names as an opportunity to focus elsewhere for the next few quarters." Pokrzywinski said recent portfolio announcements put the company on track for "significant growth acceleration and rerating potential" in the next one to two years. Still, he said a pure-play HVAC business could rerate as high as Trane levels, which would mean an upside of 18% to Carrier's valuation.

Persons: Morgan Stanley, Joshua Pokrzywinski, Pokrzywinski, Emerson, He's, CNBC's Michael Bloom Organizations: Carrier, Viessmann, Fire, Security, General Electric, European Commission

☆ Sales, spins and splits — what are the differences and why do they matter for investors like us?
▼ + stars: | 2023-04-30 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +20 min

Investors may get one share in the spun-out entity for every share of the parent company they owned. What's left of J & J will be focused on pharmaceuticals and medical technologies, which were responsible for over 84% of the company's total 2022 revenue of $94.94 billion. It underscores that once free of the parent company tethers a divested company can chart its own destiny. Those priorities may not have necessarily been wrong when considering J & J as the overall enterprise. We believe J & J and Danaher are poised to deliver two more examples.

☆ Big Tech earnings, crucial inflation call — here comes the biggest week of earnings season
▼ + stars: | 2023-04-22 | by ( Zev Fima | ) www.cnbc.com time to read: +9 min

Stocks stuck to a holding pattern this week as investors brace for an incoming wave of Big Tech earnings and the Fed's favorite inflation reading. Earnings reports have generally been better than expected so far this first quarter. Humana (HUM) reports before the bell Wednesday; Meta Platforms and Pioneer Natural Resources (PXD) report after the bell Wednesday. ET: Personal Spending & Income (includes PCE Price Index) Club trades this week Just one trade: We added 150 shares of Coterra Energy (CTRA) on Wednesday. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ Jim Cramer's top 10 things to watch in the stock market Thursday
▼ + stars: | 2023-04-13 | by ( Jim Cramer | ) www.cnbc.com time to read: +4 min

Scott Sheffield, CEO of Club holding Pioneer Natural Resources (PXD), sees oil powering to $100 per barrel if hits $90. Yes, I am upset that they paid a higher price than I thought but that was because of a bidding war with Fortive (FTV). As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade.

☆ Emerson Electric to buy NI Corp for $8.2 bln to deepen automation push
▼ + stars: | 2023-04-12 | by ( Nathan Gomes | ) www.reuters.com time to read: +2 min

April 12 (Reuters) - U.S. industrial conglomerate Emerson Electric Co (EMR.N) said on Wednesday it will buy measurement tools maker NI Corp (NATI.O) for $8.2 billion in a bid to boost its automation capabilities. The purchase will allow Emerson to tap NI's software-connected automated test and measurement systems for higher growth and margins in its automation portfolio. Emerson has executed a string of deals over the last few years to streamline itself into an industrial automation provider. The NI deal is expected to close in the first half of Emerson's fiscal 2024. Goldman Sachs & Co LLC and Centerview Partners LLC were financial advisers to Emerson on the deal, while Davis Polk & Wardwell LLP was its legal adviser.

☆ Emerson Electric to buy NI for $8.2 bln to deepen automation push
▼ + stars: | 2023-04-12 | by ( ) www.reuters.com time to read: +2 min

April 12 (Reuters) - U.S. industrial conglomerate Emerson Electric Co (EMR.N) on Wednesday said it would buy measurement tools maker NI Corp (NATI.O) for $8.2 billion in an effort to boost its automation capabilities. Emerson has executed a string of deals over the last few years to streamline itself into an industrial automation provider. The NI deal is expected to close in the first half of Emerson's fiscal 2024. Shares of Emerson, which already owns an about 2% stake in NI, fell more than 2% to $82.55 in premarket trade. NI launched a formal sale process in January after Emerson threatened to challenge its board if it did not engage in deal negotiations.

Emerson outbid other bidders including Fortive Corp (FTV.N) and Keysight Technologies Inc (KEYS.N) in the final stages of a sale process for National Instruments with an offer of about $60 per share, the sources said. National Instruments launched a formal sale process in January after Emerson threatened to challenge its board if it did not engage in deal negotiations. Emerson dropped its hostile bid once the auction for National Instruments got underway. Reuters first reported in March that Emerson, Fortive and Keysight were through to the final round of bidding for National Instruments, after breaking news of Emerson's interest in January. Austin, Texas-based National Instruments specializes in the production of automated testing and measurement tools for the semiconductor, transportation, aerospace and defense industries.

☆ Emerson Electric to buy NI Corp for $8.2 billion in automation push
▼ + stars: | 2023-04-12 | by ( ) www.reuters.com time to read: +1 min

April 12 (Reuters) - U.S. industrial conglomerate Emerson Electric Co (EMR.N) on Wednesday said it would buy measurement equipment maker NI Corp (NATI.O) for $8.2 billion in an effort to boost its automation capabilities. The purchase of Texas-based NI, which provides software-connected automated test and measurement systems, will help Emerson achieve a higher-growth and higher-margin automation portfolio. NI launched a formal sale process in January after Emerson threatened to challenge its board if it did not engage in deal negotiations. Reuters reported on Tuesday that Emerson was in advanced talks to acquire NI. Goldman Sachs & Co LLC and Centerview Partners LLC are serving as financial advisors to Emerson, while Davis Polk & Wardwell LLP is serving as legal advisor.

While advancing more than 10% to an all-time high on the deal news, National Instruments was still trading a couple of dollars below the purchase price. The technology portfolio of National Instruments is "poised to capitalize on the same secular trends as our core business today," the Emerson team added. While we don't like hostile offers, it emerged that deal or no deal Emerson would be OK as long as they didn't grossly overpay. But to be clear, the issue isn't that National Instruments is a bad company and this deal is doomed from the start. Now it's time for management to show us we were wrong and National Instruments was worth the premium price.

Emerson dropped that threat once the sale process for National Instruments got underway. National Instruments ended trading on Thursday at $50.62 a share. National Instruments expects the sale process to be completed by early April, according to the sources. National Instruments, Fortive and Keysight did not immediately respond to requests for comment. Austin, Texas-based National Instruments specializes in the production of automated testing and measurement tools for the semiconductor, transportation, aerospace and defense industries.

☆ We're adding to our position in this robust medical technology player
▼ + stars: | 2023-02-28 | by ( Jeff Marks | ) www.cnbc.com time to read: +4 min

We are buying 15 shares of Danaher (DHR) at roughly $248.34 apiece. Following Tuesday's trade, Jim Cramer's Charitable Trust will own 495 shares of DHR, increasing its weighting in the portfolio to about 4.76% from 4.62%. Despite the company's strong fourth-quarter earnings beat in January, shares of Danaher are down about 11% since late January. DHR 1Y mountain Danaher (DHR) one-year performance. (Jim Cramer's Charitable Trust is long DHR.

☆ Here comes the biggest week of earnings. Plus an AI ode to the Dow
▼ + stars: | 2023-01-28 | by ( Zev Fima | ) www.cnbc.com time to read: +7 min

While only six companies in the Dow Jones Industrial Average are reporting next week, about 20% of the S & P 500 reports, making it the biggest week of earnings this season. The Dow and the S & P 500 gained 2.2% and 2.9% this week, respectively, while the Nasdaq Composite rose 4.7%. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

☆ Core holding Honeywell is a recession-resilient industrial for 2023, Bank of America says
▼ + stars: | 2022-12-13 | by ( Paulina Likos | ) www.cnbc.com time to read: +3 min

Club holding Honeywell (HON) is a diversified industrial giant that's well-positioned to weather a potential recession in the U.S. next year, according to Bank of America. Bank of America on Monday chose Honeywell as one of 7 top industrial picks for 2023, calling the conglomerate a "top-tier operator." "The company has strong pricing power... and has offset supply chain shortages and Russia-related headwinds," BofA analysts wrote in a research note. We also see its product volume improving as supply chain disruptions ease. An aircraft engine is being tested at Honeywell Aerospace in Phoenix.

☆ Cramer's lightning round: Uber is going to be the last man standing
▼ + stars: | 2022-11-16 | by ( Krystal Hur | ) www.cnbc.com time to read: 1 min

Loading chart...Uber Technologies Inc : "Uber is a stock that you have to own for a while. It's going to be the last man standing, and that's why I like Uber." Loading chart...Wingstop Inc : "I think it's a very good situation. Loading chart...Fortive Corp : "I happen to think that this was a very good spin on both sides. Disclaimer: Cramer's Charitable Trust owns shares of Danaher.

☆ Morning Bid: Consumer drain as banks gain
▼ + stars: | 2022-10-26 | by ( ) www.reuters.com time to read: +5 min

Google's results in particular bode ill for Facebook parent Meta Platforms (META.O), especially reliant on advertising and reporting its results late on Wednesday. Consumer blues contrasted with bumper earnings from banks who are raking in huge windfalls from rising interest rates - direct cash injections from reserves they hold at central banks along with higher net interest margins and trading revenues flattered by volatile markets. read more read more read more read moreEuropean banks reporting this week matched Wall St counterparts on that score, raising conundrums for the European Central Bank meeting this week and Bank of England and U.S. Federal Reserve gatherings next week. They all plan further policy rate rises to rein in inflation - but this also involves direct transfers to their banks and potentially a drain on government finances. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

☆ ESG tech firm Datamaran gets Fortive backing in latest funding round
▼ + stars: | 2022-09-20 | by ( Juliette Portala | ) www.reuters.com time to read: +2 min

PepsiCo (PEP.O), Walgreens (WBA.O) and Dell also took part in the round, the group said in a statement. Register now for FREE unlimited access to Reuters.com RegisterDatamaran's technology identifies over 400 external risk factors that could impact a company's value, including those related to technological innovation and geopolitical issues, by scanning regulatory, media and corporate disclosures. "Coming from strategic partners and clients, this funding is a ringing endorsement of Datamaran's benefits," she added. Against this backdrop, regulators are starting to introduce mandatory sustainability disclosures for both companies and funds. ($1 = 0.8797 pounds)Register now for FREE unlimited access to Reuters.com RegisterReporting by Juliette Portala Editing by Simon Jessop and Mark PotterOur Standards: The Thomson Reuters Trust Principles.

☆ Danaher's decision to spin off its water business is a win-win for long-term investors
▼ + stars: | 2022-09-15 | by ( Zev Fima | ) www.cnbc.com time to read: +5 min

Danaher 's (DHR) announcement this week that it will spin off its growing water business is a big win for shareholders — including us at the Club. In both cases, after an initial growth hit due to the divestitures, we saw a notable sales growth acceleration once these slower growth business were on their own. More good news: Danaher's management team said 2022 core revenue growth is expected to be above the prior guidance range thanks higher-than-anticipated respiratory testing revenue at Cepheid. Base business core revenue growth is still expected to be up in the high-single-digit range. Whereas, they think EAS has a longer-term core revenue growth profile in the mid-single-digit range.

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