Danaher's stock drop looks like a buying opportunity after it reported a solid quarter

We attribute Tuesday's 3% decline in DHR to management already preannouncing and shares making a large move into the print.

Danaher's stock drop looks like a buying opportunity after it reported a solid quarter

In this photo illustration, Danaher Corporation logo seen displayed on a smartphone with the stock market information of Danaher Corporation in the background.

Igor Golovniov | Lightrocket | Getty Images

Life sciences and medical diagnostics company Danaher (DHR) reported better-than-expected earnings and revenue for the fourth quarter. We view the dip in the stock as unjustified and an opportunity.