Analysis was conducted on the Industrial Conglomerates industry to measure relative performance to find stocks that have underperformed. Relative underperformance is a possible bearish sign of underlying fundamental and technical weakness should it continue for an extended period of time. We looked at yesterday's price action of all companies in this peer group and measured their performance against one another.
Danaher (NYSE:DHR) ranks first with a loss of 1.34%; Philips Electronic (NYSE:PHG) ranks second with a loss of 1.13%; and 3M (NYSE:MMM) ranks third with a loss of 0.93%.
Tyco International (NYSE:TYC) follows with a loss of 0.89% and General Electric (NYSE:GE) rounds out the bottom five with a loss of 0.81%.
Danaher Corporation designs, manufactures, and markets professional instrumentation, medical technologies, industrial technologies, and tools and components.
