Squawk on the Street

Cramer's Morning Take: Dover Corp 4/23/25

Apr 23, 2025
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INSIGHT

Dover Corp's Deal-Making Edge

  • Dover Corporation is a true conglomerate with a CEO known for deal-making and portfolio upgrades.
  • Despite recent stock declines possibly linked to recession fears, Dover remains a very inexpensive stock with potential for surprises.
INSIGHT

Market Rallies on China and Powell News

  • The market rallied partly due to more positive signals from China and Powell's influence, reducing worst-case scenario fears.
  • Expected tariff reductions on Chinese goods could boost China-related stocks, contributing to market optimism.
INSIGHT

Earnings Boost for Dover's Biopharma

  • Positive earnings from companies like Danaher provide optimism for Dover's biopharma business segment, which accounts for about 6% of sales.
  • The strength in related industrial and China-exposed stocks supports optimism for Dover's upcoming report.
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