This health-care stock is set to complete another spin-off. Here's what it means for our position in the stock

Medical equipment giant Danaher (DHR) will officially separate from its environmental-and-applied solutions segment later this month.

This health-care stock is set to complete another spin-off. Here's what it means for our position in the stock

A Miami supermarket in July 2023.

Joe Raedle | Getty Images News | Getty Images

Medical equipment giant Danaher (DHR) will officially spin off its environmental-and-applied solutions segment later this month, and our plan is to remain invested in the soon-to-be standalone company, known as Veralto, which will trade under the ticker symbol VLTO.