Danaher, Illinois Tool Works, Dover, Pentair, and Dresser-Rand Early Briefing and Review

Wed Mar 6, 2013 8:01am EST

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LONDON,  March 6, 2013  /PRNewswire/ --

Overall markets retained their bullish stance and touched a new life-time high
while industrial goods sector saw Danaher Corporation creating its new 52-week
high. The sector showed across the board improvement. The Dow Jones ended its
latest session at 14,253.77, up 0.89 percent while NASDAQ was up 1.32 percent to
close at 3,224.13. Similarly, S&P also closed on an optimistic note at 1,539.79,
up 0.96 percent. Our research team took a look at Industrial Goods sector, more
specifically the Diversified Machinery industry which includes major companies
like Danaher Corporation (NYSE: DHR), Illinois Tool Works Inc. (NYSE: ITW),
Dover Corp (NYSE: DOV), Pentair Ltd (NYSE: PNR) and Dresser Rand Group Inc.
(NYSE: DRC). StockCall has released free charting and technical research on
these aforementioned companies. Register to read these reports at


Danaher Corporation is currently in a bullish mode as the stock ended its
Tuesday's session at  $62.22, up 0.91 percent. The stock traded in the range of 
$61.72  and  $62.43  during yesterday's session. Its first support level is at 
$61.28  and upon breaching this level, the stock may go down to  $59.69  level.
On the upside, Danaher's stock may touch  $62.85  level. The company's stock has
traded in the range of  $49.18  and  $62.43  in the past 52 weeks and it grew by
16.63 percent during the same time period. On a Year-to-Date basis, the stock is
up 11.31 percent. Sign up for the free report on DHR at


Illinois Tool Works Inc.'s shares ended up for its latest trading session,
closing the day 1.23 percent higher at  $62.30  on Tuesday. The stock fell to an
intra-day low of  $61.90, while its intra-day high stood at  $62.65. With the
upward movement, the company gained more than 2 percent this year, compared to a
gain of 7.97 percent for the S&P 500. Its shares have strong support at around 
$61.85, as the stock shows a bullish trend. The stock is trading above its
20-day moving average price of  $62.24. ITW free technical report can be
accessed by signing up at


Dover Corp traded in the range of  $72.76  and  $73.80  on Tuesday's session and
ended the session at  $73.47, up 1.52 percent. The stock's 52 weeks range stands
at  $50.27  and  $73.99. Dover has gained 16.1 percent of its value in the past
12 months, while it gained 11.81 percent so far this year. The company is in a
bullish mode and may find its first support level at  $72.26. It is trading
above its 20-day moving average of  $72.10. Free report on DOV can be accessed
by registering at


Shares of Pentair Ltd ended its previous trading session up at  $52.65, up 1.27
percent. The stock gained more than 7 percent this year, in-line with the broad
market. The stock has slipped from  $53.44  resistance level. It has support at
around  $52.44  at the moment. With its upward movement, Pentair is trading
above its 6-day and 20-day moving averages. Register with StockCall and download
the research on PNR for free at


Dresser Rand Group Inc.'s stock is in a neutral mode and is trading above its
20-day SMA of  $56.40. It ended its latest trading session on Tuesday 0.62
percent higher at  $56.47. The stock oscillated in the range of  $55.88  and 
$56.64  during yesterday's session. The stock trades at Price/Earnings ratio of
25.67. Dresser Rand Group is expected to face its first resistance level at 
$56.64. Read the full free research on DRC by signing up to StockCall at


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