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The company’s shares have gained 37.8% in price over the past year and 38.9% year-to-date to close yesterday’s trading session at $308.48. Its strong top-line growth, driven by improvements across all its business segments, and strategic acquisitions have driven its shares up this year.
We think DHR is well-positioned to continue gaining in the near term, relying on its solid fundamentals. Furthermore, its continuing efforts to expand its global reach and build a robust supply chain are expected to propel its performance in the coming months.
